It appears that things are moving particularly quickly on Base chain.
BALD token is the newest sensation on the network, and it managed to increase by over 40,000% in just a few hours. But the good times may as well be over.
- Following news that the team (or person) behind BALD rug pulled, LEET, the token of the largest decentralized exchange on Base – LeetSwap, also plunged by a massive 40% in hours.
- There’s been a couple of official announcements in the past hour on behalf of BALD. The supposed developer said:
I didn’t sell a single token at any point since deployment. Just added/removed 2 sided liquidity and bought.
- The other statement is on the ability of the network to handle heavy loads.
Seems like the BASE chain can handle heavy load quite well
— Bald (@BaldBaseBald) July 31, 2023
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