Tag: rugpull

Base's $15M Memecoin Meltdown: Rug Pull or Growing Pains?

Base's $15M Memecoin Meltdown: Rug Pull or Growing Pains?

The memecoin world is a bit of the wild west, if you will. It’s a new digital frontier where billions can be made, or wiped out, in an instant. Recently the Base blockchain—Coinbase’s new layer 2 blockchain—was the scene of a very different but equally hilarious saga. A memecoin that...

"Base is for Everyone" Token Plunges 90% in Apparent Rug Pull

"Base is for Everyone" Token Plunges 90% in Apparent Rug Pull

The new cryptocurrency token called “Base is for everyone” experienced an astronomical crash. In fact, within a mere 20 minutes its value crashed by almost 90%. The incident has been a lightning rod for controversy and raised alarms over possible rug pull scams in the decentralized finance (DeFi) arena. The...

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