bald

my quick end of week thoughts on taking on @coinbasewallet and how we're going to build a global onchain economy together

@depressivehacks @base when TVL crosses $10B, I'm shaving my head in tribute to The Base God

FINAL $BALD WALLET UPDATE and thesis. The minted wallet allocations have sold off 85% of supply, so further sales will be negligible. The $BALD rug derivative projects $BOBA and $BALDY also never materialized. Thesis: One of the big reasons I like $BALD is because of the Degen memory recall it has across the space. In August 2023, an unknown developer launched BALD on a Saturday evening. By Sunday, everyone was talking about BALD and the overnight millionaires, drawing all the initial interest into @jessepollak's new L2 @base. After a few days, and some becoming overnight millionaires, $BALD rugged to a profit of $5.2 Million dollars in an apparent rug pull, crashing 90%; only to be forgotten to the drama about to unfold with $CRV founder's liquidation problems. Because of a rich onchain history, the deploying wallet had interacted with Alameda Research, voting early on $SUSHI governance and posting on $DYDX forums. Leading to speculation that @SBF_FTX was behind the $BALD rug. THE MEME: however stuck, as BALD alluded to $COIN @coinbase founder, @brian_armstrong who is indeed bald and a key figure in fighting for the crypto industry and it's technology. BALD V2: Then in 19 days ago on @base, the $BALD V2 contract was deployed: dexscreener.com/base/0x7e5c0a1… via @baldonbasechain. 1T token supply, 900B sent to the LP on base, while 100B sent to insiders, devs, marketing promotion ect. 80% of the 100B would be sold into the market over the last 2-3 weeks stalling the project, while others like $HMM, $NORMIE, $ROOST, $BSHIB, $TOSHI, $BRETT, $BRIUN, $BOME ect took off. Those tokens have all mostly all been sold, and $BALD currently at a $2M FDV, and a chart that has grinded sideways. I alerted in this thread at $700k Mktcap that most of the dev wallet sales had been done and $BALD has started to gain a bit of attention today, alongside the rise in $BASE TVL and volumes. TG here: t.me/baldbasechain $SOL $ETH $DOGE $BASE I own BALD, think there is potential this could run. Please be careful with all Meme coin trading as it is risky.

was thinking about $BALD this morning and how before @base even officially launched, it showed everyone that the base economy was going to be by the people, for the people we've come along way and I'm glad that spirit was there on day -7