{"id":22603,"date":"2023-07-30T19:21:04","date_gmt":"2023-07-30T19:21:04","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/meme-token-bald-sees-astounding-gains-after-launch-on-base\/"},"modified":"2023-07-30T19:21:04","modified_gmt":"2023-07-30T19:21:04","slug":"meme-token-bald-sees-astounding-gains-after-launch-on-base","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/meme-token-bald-sees-astounding-gains-after-launch-on-base\/","title":{"rendered":"Meme token BALD sees astounding gains after launch on Base"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690742217523-ed1ffd0a-1b04-47f3-8ac6-d5b382b5b317-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690742217523-ed1ffd0a-1b04-47f3-8ac6-d5b382b5b317-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690742217523-ed1ffd0a-1b04-47f3-8ac6-d5b382b5b317-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690742217523-ed1ffd0a-1b04-47f3-8ac6-d5b382b5b317-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">The meme token recorded astounding gains in 24 hours, reaching a market cap of $70 million.<\/li>\n<li dir=\"ltr\">BALD, the newly-launched meme coin that went live on Base, a layer-2 chain created by Coinbase on Ethereum, skyrocketed within hours of its launch to jump to a market cap of $70 million.<\/li>\n<\/ul>\n<p dir=\"ltr\">While the current price of Bald is $0.06, up by about 70% in the past 24 hours, the meme coin\u2019s astounding gains after its launch took the crypto trading world by storm with a <a href=\"https:\/\/twitter.com\/MacnBTC\/status\/1685589663963078656?s=20\" rel=\"noopener noreferrer\" target=\"_blank\">40,000% jump<\/a>.<\/p>\n<p dir=\"ltr\">Currently, data from CoinGecko shows over $66.7 million worth of BALD have been traded in the past 24 hours, while the transaction count has reached more than 14,000. BALD is listed on the DEX platform LeetSwap and trades in the BALD\/WETH pair.<\/p>\n<p dir=\"ltr\">Wu Blockchain <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1685665131680903168\" rel=\"noopener noreferrer\" target=\"_blank\">reported<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Memecoin BALD based on the Base network has increased by as much as 30,000x in the past 24 hours, and its market value has exceeded 70 million US dollars. At present, there are about 25,000 ETH deposited on the Base chain, of which LeetSwap BALD\/WETH has more than 9,800 WETH\u2026<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1685665131680903168?ref_src=twsrc%5Etfw\">July 30, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">According to blockchain sleuth <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1685674900164608000\" rel=\"noopener noreferrer\" target=\"_blank\">Lookonchain<\/a>, BALD\u2019s meteoric rise saw some savvy investors make huge returns. One such case involves four addresses that used 0.534 ETH (roughly $1k) to purchase 50 million BALD. The transactions occurred within minutes of Bald\u2019s launch and accounted for 50% of the total supply.<\/p>\n<p dir=\"ltr\">Per Lookonchain, the addresses then quickly sold 37 million BALD to make an outsized return of 554 ETH, or over $1.04 million.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This guy spent 500 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>($937K) to buy 13.6M <a href=\"https:\/\/twitter.com\/search?q=%24BALD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BALD<\/a> 5 hrs ago, becoming the largest holder besides the developer.<\/p>\n<p>This guy is a <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a> whale, he sold 720.8B <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a> for 501.5 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>($943K) and then used the <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> to buy <a href=\"https:\/\/twitter.com\/search?q=%24BALD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BALD<\/a>.<\/p>\n<p>This guy currently holds 3.72T <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a> ($4.92M). <a href=\"https:\/\/t.co\/UITgp98Ca5\">pic.twitter.com\/UITgp98Ca5<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1685674900164608000?ref_src=twsrc%5Etfw\">July 30, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">On-chain data also shows PEPE whale has bought 13.6 million BALD worth $937k \u2013 after they sold 720.8 billion PEPE for about $943k. The address is currently the largest holder of the token other than BALD\u2019s developer.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bald-token-records-astounding-40000-upside-after-launch-on-base\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) The meme token recorded astounding gains in 24 hours, reaching a market cap of $70 million. BALD, the newly-launched meme coin that went live on Base, a layer-2 chain created by Coinbase on Ethereum, skyrocketed within hours of its launch to jump to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22603"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22603"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22603\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22604"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}