{"id":42285,"date":"2023-07-30T12:22:38","date_gmt":"2023-07-30T16:22:38","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/bald-coin-hits-70m-market-cap-in-24-hrs\/"},"modified":"2023-07-30T12:22:40","modified_gmt":"2023-07-30T16:22:40","slug":"bald-coin-hits-70m-market-cap-in-24-hrs","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=42285","title":{"rendered":"BALD Coin Hits $70M Market Cap In 24 Hrs"},"content":{"rendered":"
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New coin ‘BALD’ launched this weekend on Coinbase’s new chain, Base – and exploded to as high as a $70 million market cap in less than 24 hours, on LeetSwap decentralized exchange.<\/p>\n

Since its July 29 listing at 21:00 UTC, $BALD token rose over 4 million percent, before a correction.<\/p>\n

What is Bald Coin?<\/h2>\n

Not yet having a website or CoinMarketCap description, information on Bald coin is hard to come by – other than it being described as a meme coin and a reference to Brian Armstrong’s bald head.<\/p>\n

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Rumors of connections to Coinbase insiders are also already rife, with some traders even speculating the $BALD deployer is Brian himself<\/u><\/a>.<\/p>\n

$BALD token has an enormous amount of liquidity, currently $30 million.<\/p>\n

Now one of the most talked about new coins on crypto Twitter, some wallet addresses have been tracked investing as little as 0.5 ETH in $BALD and profiting upwards of $1 million.<\/p>\n

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View the latest BALD price chart on DEXScreener<\/u>.<\/p>\n

What is Base Blockchain?<\/h2>\n

Read Coinbase’s introduction to the Base network<\/u> here<\/u>, its ‘secure, low-cost, developer-friendly Ethereum Layer 2 network<\/i>‘.<\/p>\n

The Base network’s official Twitter handle is @BuildonBase<\/u><\/a>.<\/p>\n

The Base chain is set to launch fully in August, and currently is a one-way bridge – meaning holders of $BALD and other $BASE coins can’t yet cash out their funds.<\/p>\n

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Next Cryptocurrency to Explode<\/h2>\n

Some veteran crypto Twitter accounts have recommended not to buy Bald at its current market cap, including @TheFlowHorse<\/u><\/a> (formerly Cantering Clark) and @MacroCRG<\/u><\/a>.<\/p>\n

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Other new Base chain coins – or those rumored to have Base devs – that have been tipped as the next cryptos to explode include $BRIAN, $HAIRY and $OPTISM.<\/p>\n

An ERC-20 token, HAIRY coin was listed on Uniswap at 14:00 UTC on July 30 and is currently up over 1,000% since its launch.<\/p>\n

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View the HAIRY price chart on DEXTools<\/u>.<\/p>\n<\/p><\/div>\n