Without relying on "Odyssey" or airdrops to create hype, Coinbase's Layer2 network Base has ignited the market with a meme myth that has increased by a thousand times, attracting countless attention.
After about 14 hours, with a 2000-fold increase and a market value of nearly $56 million around 5 pm yesterday, there were 8774 WETH in the pool. Considering that during the rise, people generally believed that Base could only enter assets but not exit them (note: it is actually possible to exit, recommended reading: ), the size of the pool and the "only in, not out" perception formed a huge contrast, making players feel very incredible. Some even joked that $BALD is Coinbase's "advertisement", and this joke has been widely circulated on Twitter and various WeChat groups:
Smart public chain: We have a native dog that can increase by 1,000 or 10,000 times a day.
Stupid public chain: We are about to start a 2-month Odyssey event.
However, in just over three hours, $BALD revealed its fangs and destroyed everything. The project team suddenly withdrew a total of 8,660 ETH and 179 million $BALD liquidity within 7 minutes. The price of $BALD plummeted, with a maximum drop of 80%. Currently, according to data on dexscreener, there are only 12 ETH left in the liquidity pool of $BALD, and the TVL of the Base network has also plummeted from around $42 million to $9.42 million due to this impact.
The trend of $BALD's "guillotine" seems like a game and a dream.
Players who have suffered significant losses
"Chongtugou" is an extremely brutal "PvP game". Crypto players know that this is like licking the edge of a knife, but they are always tempted by the stories of getting rich quick and entrust their fate to anonymous project parties who may be leisurely drinking beer on the other side of the screen. I tried to create a "Tugou", and the process was so easy and enjoyable that it made me feel so helpless and ironic...
Connect your wallet on Thirdweb and sign, then click "Contracts" and "Deploy contract".
Next, we can choose the type of contract to deploy. There are many types to choose from, including no-code one-click deployment of ERC-20, ERC-721, and ERC-1155 tokens. It even supports deploying an ERC-721 token with staking functionality, a rentable NFT ERC-4907, and a trading market like OpenSea. Here, I will simply deploy an ERC-20 token, so I choose "Token":
Then click "Deploy now" to enter the settings page:
The settings page is as follows:
- Image: Token design.
- Symbol: Token abbreviation.
- Description: Token description.
- Primary Sale Recipient: The income address for the Token pre-sale. Since the "Token" contract we have chosen does not have a pre-sale price, this is actually irrelevant.
After setting up all of these, the final step is to choose which network to deploy on. I chose Base:
My "Name" is "ZaicheshangBuhuibaHaimeimai111Shufule", "Symbol" is SHUFU, "Description" is "GM SHUFULE", and "Image" is a comfortable Tieba emoticon. After successfully deploying it for $2.26, the effect is as follows:
The contract can already be seen on basescan.
Go back to the settings center, there is a "Token" option in the menu on the left side. Click on it to Mint a certain amount of Token. I Minted 111111111111111 tokens, and then put them together with 0.186 ETH into a liquidity pool on LeetSwap. This way, this Token can be traded on LeetSwap just like $BALD.
Mint Token cost me $0.42, and setting up a liquidity pool on LeetSwap cost me $11.35. The cost of creating a "Tu Gou" was only $14.03, plus some finger strength to click the mouse.
Later, I closed the funding pool and discarded all permissions in the "Permission" function on the Thirdweb settings page. The experiment was over.
However, when using Quick Intel to detect the contract created by Thirdweb, many yellow and red lights are still lit up:
Use Quick Intel to check the $BALD contract, and the situation will be much better:
Thirdweb was unable to implement the buy/sell transaction tax function, so I searched and found a one-click Token issuance tool that can indeed set buy/sell transaction taxes. It's so intelligent...
I highly recommend everyone to use Thirdweb to deploy their own Token and try it out. Although it is a simple process, you can personally experience something different (don't do anything malicious).
Undoubtedly, to build a "Tu Gou" with a market value of millions or even tens of millions of dollars, it is necessary to create an official website, conduct various viral marketing campaigns to cause fission, and so on. However, if you are a "Crypto player" like me, when we rack our brains to evaluate whether a project's "vision is big enough", will all of this make you feel a bit ironic?
Handing over your fate to "Tu Gou Zhi Zao Ji" and "400U Tian Tuan", will you make a profit or a loss? In this Crypto world, is it as you wish or as I wish?
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