BALD Memecoin Soars 10,000%, is This Token Affiliated to Coinbase CEO?
BALD’s Connection with Coinbase A market analyst with the user name @matrixthesun highlighted on Twitter that the BALD Memecoin has achieved an astounding 100X return in just a few hours. What sets this particular Memecoin apart is its unique compatibility with BASE, a new blockchain developed by Coin Base crypto exchange. advertisement BASE has been on Optimism , a layer 2 scaling solution for Ethereum. Optimism aims to tackle Ethereum’s scalability challenges by processing transactions off-chain, improving efficiency, and reducing transaction fees. Amidst the frenzy surrounding BALD memecoin, rumors have emerged linking the BALD to the CEO of Coinbase, Brian Armstrong. The analyst noted a pattern pointing towards connections with a large supply of $cbETH, Coinbase’s variant of staked Ethereum (ETH). The relationship raises questions, prompting some to wonder about the involvement of a Coinbase insider or the company’s CEO. While th...