Memecoin madness has arrived on Coinbase’s layer-2 scaling solution Base, bringing with it everything from remarkable shitcoin surges to classic token rug pulls.
On July 30, memecoin traders were snapping up a suite of questionable tokens on Base, with one Brian Armstrong-themed memecoin dubbed “BALD” experiencing a 289,000% gain within the first 14 hours of trading.
Rug pulls and memecoin gambling
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