There has been a lot of speculation on crypto social media about the latest over-hyped memecoin BALD. Many postulate that Sam Bankman-Fried was the brainchild behind the latest pump and dump memecoin.
Wild conspiracy theories flooded Crypto Twitter, suggesting that SBF might be the mastermind behind a new memecoin deployed on Coinbase’s layer-2 Base.
Did SBF Deploy BALD?
The mystery deployer launched the BALD memecoin, named after Coinbase CEO Brian Armstrong’s lack of hair, on July 30. It immediately attracted degens and gained thousands of percent, peaking at $0.09 on July 31.
The speculation was initiated by “@hype_eth,” who simply posted a list of potential connections.
They added,
“On-chain activity times line up with court dates/bail. We know SBF was doing stuff through VPN recently.”
Furthermore, they also analyzed language structure, noting similarities between the BALD developer account and…
