The price of BALD sharply tumbled from 9 cents to 1 cent on Monday after developers withdrew 6,800 ETH from the liquidity pool on LeetSwap. On-chain data showed that developers began adding Ether back to the token pool in small tranches after the massive liquidity pull. BALD’s market cap peaked at $85 million late on Sunday as degen traders aped into memecoin plays on Base, a layer 2 network built by Coinbase using Optimism’s OP stack. One trader bagged $1.4
