BALD (Base memecoin)
A memecoin on Coinbase's Base network that surged in late July 2023, then collapsed ~90% when its pseudonymous deployer removed liquidity — a rug pull. Reported liquidity removed ranged from about $23M to $25.6M.
Also known as: BALD
Summary
BALD was a memecoin on Coinbase's Base network (named after Coinbase CEO Brian Armstrong) that surged dramatically in late July 2023, then collapsed roughly 90% when its deployer removed liquidity — a rug pull. Estimates of the liquidity removed range from about $23 million to $25.6 million. [1][2]
Details
The deployer had added large amounts of liquidity and bought the token to drive the price up, then removed liquidity across multiple transactions. Analysts estimated a net profit of around $5.9 million for the deployer, who remained pseudonymous; the project's account denied selling tokens, claiming it only "added/removed" liquidity. [2][3]
Bracketed numbers refer to the numbered sources listed below.
People & entities involved
Sources (3)
- BALD Meme Coin on Coinbase Layer-2 Goes to Zero as Dev Pulls Liquidity — Decrypt
- BALD memecoin plunges after $25.6 million rug pull — Web3 is Going Great
- Explained: The BALD Token Rug Pull (July 2023) — Halborn
See also
$MELANIA tokenMarket manipulationA Solana memecoin announced by Melania Trump on Jan 19, 2025. Per FT analysis, ~24 wallets bought in minutes before the public announcement and netted ~$99.6M as retail piled in; the token then fell 95%+. Early buys were traced to wallets linked to $LIBRA figure Hayden Davis. No charges have been filed.
$TRUMP tokenMarket manipulationA Solana memecoin launched days before Donald Trump's second inauguration (Jan 2025). Trump-linked entities hold 80% of supply and earned $320M+ in fees while ~760,000 mostly-retail wallets lost money; a 'dinner with the president' promotion for top holders drew conflict-of-interest scrutiny. The 'scam' label is contested and no charges have been filed.
This page was last updated on Jun 15, 2026. View revision history.