BALD: A tale of the meme coin’s 24 hours period of glory

During the intraday trading session on Sunday, BALD’s value rallied by 4,000,000$. Its market capitalization almost touched $100 million in a single day as trading intensified. However, as the project’s developers remove liquidity from the BALD/WETH liquidity pool, the meme coin’s value has plummeted. Coinbase’s Layer 2 platform Base experienced a surge in user activity on 30 July as daily traders flocked to the OP-Stack-based platform to trade the newly-launched meme coin Bald (BALD). Although Base remained in testnet and