Memecoin BALD Nosedives as Developer Pulls Ether (ETH) Liquidity

Base, built by crypto exchange Coinbase on OP Stack, launched its testnet in January and opened to builders in mid-July basis the submission of applications to Base. Traction has been scant, so far, except for Sunday when the likes of BALD led to a sudden rush in capital – and users – to the blockchain.

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