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Base Chain Experiences Rapid Growth with BALD Token, but Faces Setback as Rug Pull Occurs

Base Chain Experiences Rapid Growth with BALD Token, but Faces Setback as Rug Pull Occurs

Things are moving quickly on Base chain

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.

Main breakdowns of the key points:

  • BALD token experienced a significant increase of over 40,000% in a short period of time
  • The team behind BALD rug pulled, causing LEET token to plummet by 40% on LeetSwap, the largest decentralized exchange on Base chain

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.

Hot Take:

The volatile nature of the crypto market is evident once again with the rapid rise and fall of BALD token on Base chain. It serves as a reminder to crypto readers that caution is necessary when investing in such high-risk assets. Stay informed and be vigilant to avoid potential rug pulls and sudden price drops.

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Base Chain Experiences Rapid Growth with BALD Token, but Faces Setback as Rug Pull Occurs