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Rumors Linked to Brian Armstrong Drive a 30,000x Surge in BALD Meme Coin in 24 Hours

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Rumors Linked to Brian Armstrong Drive a 30,000x Surge in BALD Meme Coin in 24 Hours

To sum things up

  • The Bare token has showed up out of the blue to gather a market capitalization during the several millions.
  • Since its send off on the Base chain, the coin has flooded in esteem by as much as 30,000x.
  • In any case, other than its transient ascent, little is had some significant awareness of the Bare digital money.

The BALD meme coin has surged in value. Built on the Coinbase-incubated Base blockchain, BALD’s price has multiplied 30,000 times in the past 24 hours.

 

 

Brian Armstrong Rumors Drive Frenzy

An exchanging furor that started on Sunday, July 30, immediately pushed Uncovered to the consideration of image coin devotees.

The price of the coin token was close to $0.085, with a market capitalization of approximately $85 million, at the height of the pump on Sunday afternoon.

Interestingly, a whale with access to a large supply of cbETH, the Coinbase variant of staked ETH, appears to have used the coin.

In light of this reality and Base’s relationship with Coinbase, hypothesis is that it was made by somebody related with the organization. Bits of hearsay that Coinbase President Brian Armstrong may be behind the coin additionally energized the baffling symbolic’s fire.

Uncovered showed up on Uniswap unannounced on Saturday. It has no site or virtual entertainment presence, and its starting points stay a secret.

 

 

 

 

 

 

 

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Base Chain TVL Balloons

An Ethereum Layer 2 arrangement, the Base chain itself, is still a work in progress. However, over the weekend, the total value locked (TVL) on Base increased due to interest in the BALD meme coin.

At the hour of composing, BASE’s TVL was drawing nearer $50 million from under 2,000,000 USD on Saturday.

At present, it isn’t possible to bridge assets out of the Base chain. Still, with liquidity on the rise, it seems likely that more tokens will appear on the chain.

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