{"id":26293,"date":"2023-07-31T19:39:32","date_gmt":"2023-07-31T19:39:32","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/07\/31\/bald-price-nosedives-as-deployer-removes-eth-liquidity\/"},"modified":"2023-07-31T19:39:32","modified_gmt":"2023-07-31T19:39:32","slug":"bald-price-nosedives-as-deployer-removes-eth-liquidity","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/07\/31\/bald-price-nosedives-as-deployer-removes-eth-liquidity\/","title":{"rendered":"BALD price nosedives as deployer removes ETH liquidity"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690826831308-fb5ea96b-98f8-4c73-8377-c762e1f782d0-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690826831308-fb5ea96b-98f8-4c73-8377-c762e1f782d0-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690826831308-fb5ea96b-98f8-4c73-8377-c762e1f782d0-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690826831308-fb5ea96b-98f8-4c73-8377-c762e1f782d0-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/07\/1690826831308-fb5ea96b-98f8-4c73-8377-c762e1f782d0.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">BALD price down almost 90% as sell-off strain mounts<\/li>\n<li dir=\"ltr\">Data reveals costs plummeted as meme coin\u2019s deployer eliminated all ETH liquidity.<\/li>\n<li dir=\"ltr\">Bald is a token not too long ago launched on Ethereum layer-2 blockchain Base.<\/li>\n<\/ul>\n<p dir=\"ltr\">Bald (BALD), a not too long ago launched meme coin that went dwell on the Base blockchain, plunged on Monday as sell-off strain mounted.<\/p>\n<p dir=\"ltr\">As CoinJournal <a href=\"https:\/\/coinjournal.net\/news\/bald-token-records-astounding-40000-upside-after-launch-on-base\/\">reported<\/a> on July 30, the price of the meme token had skyrocketed as its market cap jumped from close to $0 to $70 million in hours. It continued its meteoric rise to hit a market cap of over $85 million and see a number of merchants report astounding positive factors.<\/p>\n<p dir=\"ltr\">But on July 31, with market uncertainty hitting the roof across the actions of the BALD developer, the token\u2019s price plummeted.<\/p>\n<h2 dir=\"ltr\">BALD price<\/h2>\n<p dir=\"ltr\">According to information from <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bald\" rel=\"noopener noreferrer\" target=\"_blank\">CoinGecko<\/a>, BALD nosedived by almost 90% as merchants reacted to the event that noticed Bald\u2019s deployer take away tens of millions of {dollars}\u2019 value of token liquidity. The token shortly fell from highs of $0.09 to $0.004, bleeding greater than 94% from that peak.<\/p>\n<p dir=\"ltr\">Smart cash on-chain account Lookonchain highlighted that the BALD deployer had earned $5.7 million in two days.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The <a href=\"https:\/\/twitter.com\/search?q=%24BALD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BALD<\/a> deployer has eliminated all liquidity of BALD\/ETH.<\/p>\n<p>He bridged 9,385 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> to <a href=\"https:\/\/twitter.com\/hashtag\/Base?src=hash&amp;ref_src=twsrc%5Etfw\">#Base<\/a>, and now he holds 12,433 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>, incomes 3,048 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> ($5.7M) in 2 days.<a href=\"https:\/\/t.co\/MghRrP9jw5\">https:\/\/t.co\/MghRrP9jw5<\/a> <a href=\"https:\/\/t.co\/UgFi71mY5D\">pic.twitter.com\/UgFi71mY5D<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1686056439436161024?ref_src=twsrc%5Etfw\">July 31, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/exchanges\/coinbase\/\">Coinbase<\/a> unveiled Base, an Ethereum layer 2 chain constructed on the OP stack in January and launched its testnet in February. The L2 blockchain went dwell for builders in July.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bald-price-nosedives-90-as-deployer-removes-liquidity\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] BALD price down almost 90% as sell-off strain mounts Data reveals costs plummeted as meme coin\u2019s deployer eliminated all ETH liquidity. Bald is a token not too long ago launched on Ethereum layer-2 blockchain Base. Bald (BALD), a not too long ago launched meme coin that went dwell on the Base blockchain, plunged on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[6],"tags":[7620,7621,288,250,1234,110,5453],"class_list":["post-26293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bald","tag-deployer","tag-eth","tag-liquidity","tag-nosedives","tag-price","tag-removes","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/26293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=26293"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/26293\/revisions"}],"predecessor-version":[{"id":26294,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/26293\/revisions\/26294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/26295"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=26293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=26293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?p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