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Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO

Memecoin traders have been buying up obscure tokens such as Bald and Based, which have each seen staggering price gains despite questionable utility.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO

Memecoin traders have been buying up obscure tokens such as Bald and Based, which have each seen staggering price gains despite questionable utility.

Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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