New baldbasebald goes parabolic to lead meme coin rally
At the time of writing, the meme coin is changing hands at a price of $0.05604, according to data from DEX SCREENER. In just a few days since it went live, BALD has grown its market capitalization to more than $70 million, impressive growth that is characteristic ofThere is much speculation surrounding the emergence of BALD in the community today, and it is fueling skepticism about whether or not it is a legitimate crypto project.
One of those speculations is how it has a robust liquidity that is powering its trades, seeing as the Base protocol bridge is mono-directional.According to reports, there are a total of 25,000 ETH deposited on the Base chain to help provide liquidity for the BALD token. This liquidity is notably well distributed, with DEX platform LeetSwap having more than 9,800 WETH in liquidity.
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