The cryptocurrency market has witnessed a remarkable surge in the price of BALD coin, which has quickly become the first meme coin on the Coinbase Layer 2 Blockchain to go viral. The price of BALD coin has skyrocketed, reaching a staggering 3 million percent increase. At one point, it even reached a jaw-dropping 4 million percent increase or 40,000 times its initial value. Despite its impressive gains, there is a catch – BALD coin holders are unable to realize their profits by selling, as the Coinbase Layer 2 Blockchain is not yet fully interoperable with the rest of the crypto ecosystem.
In an interesting turn of events, a new coin called HAIRY has emerged as a potential partner for BALD coin. HAIRY coin has also experienced significant growth, with an increase of up to 8,000%. The creators of HAIRY coin are speculated to be the same team behind BALD coin, using this new meme coin as a clever way to generate realizable value for early adopters. The current price of HAIRY coin stands at $000.45. Although not much is known about the creators of BALD coin, some blockchain analysts have noticed a potential association with Coinbase, possibly due to the deployer of the BALD token contract being linked to an address holding a significant portion of the cbETH supply.
According to DEXTools data, the verification of the BALD contract has not been detected yet, but it has a DEXTscore of 65/99. Similarly, the HAIRY contract has also not been verified according to DEXTools. However, it is important to note that the newness of these coins might explain the lack of contract verification. Nevertheless, the liquidity for both coins is confirmed to be locked, with HAIRY having a modest total liquidity of $71k compared to the substantial $36 million for BALD. Despite its low market cap of $328k, HAIRY has already reached a high trading price of $0.0006471, resulting in a remarkable return of over 8,000%.
Even though the trading volume of BALD coin has reached an impressive $91 million in the past 24 hours, the coin’s price has pulled back from its peak of $0.087. However, early investors still enjoy substantial gains. BALD coin is currently tradable on the LeetSwap decentralized exchange, but it can only be bought and not sold due to its one-way bridge. On the other hand, HAIRY coin is an ERC20 token running on the established Ethereum blockchain. Nevertheless, the developers behind HAIRY, assuming they are connected to BALD, seem to be taking a slower approach. HAIRY has a low DEXTscore of 1/99, partly due to the absence of web and social media links, as well as a token description.
However, the lack of information has not deterred buyers from continuously driving up the price of HAIRY coin. It is possible that the creators are working behind the scenes, strategically engaging with alpha groups and influencers to gain attention for the coin. For investors seeking speculative opportunities in the crypto market, HAIRY coin presents an intriguing prospect. If BALD coin sustains its momentum and HAIRY coin proves to be a reliable companion, the latter could become a valuable asset in any crypto portfolio for the foreseeable future.
The surge of BALD coin on the Coinbase Layer 2 Blockchain has captured the attention of the cryptocurrency community. The emergence of HAIRY coin as a potential partner coin has only added to the excitement. Despite the lack of information surrounding their creators and the verification status of their contracts, both coins have experienced remarkable growth. As the crypto market continues to evolve, BALD and HAIRY coins represent intriguing investment options with the potential for significant future returns.
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