Bald
Rug PullDeFi · born 2023 · ✝ 2023
A viral Base memecoin whose deployer yanked ~$23M in liquidity.
Bald was a memecoin that exploded in popularity during Base's launch in 2023. Days later the anonymous deployer pulled roughly $23M of liquidity, crashing the token and stranding holders.
- Peak
- ~$23M drained
- Cause
- Rug Pull
- Year of death
- 2023
☠️ Cause of death
The deployer removed unlocked liquidity from the pool, collapsing the price in a classic rug.
📓 Lessons left behind
- —Unlocked liquidity is a rug waiting to happen.
- —Hype around a new chain attracts exit scams.
- —Verify liquidity locks before aping in.
🌱 The idea that survived
Liquidity locks
Renewed emphasis on verifiable, time-locked liquidity before trusting a new token.
#rug#base#memecoin#liquidity