Scam tokens have taken Coinbase by storm. Recent research by Solidus Labs revealed that in the period between mid-July and August 9, more than 500 scam tokens were created on the Base Layer-2 blockchain. The tokens included BASEPEPE [BPEPE], Baby Yoda [YODA], etc.
More than 500 scam tokens have emerged on Base, the blockchain launched by Coinbase earlier this month https://t.co/69Sfg9AmSm
— Bloomberg Crypto (@crypto) August 16, 2023이번 달 초 Coinbase가 출시한 블록체인인 Base에서 500개가 넘는 사기 토큰이 등장했습니다. https://t.co/69Sfg9AmSm — Bloomberg Crypto(@crypto) 2023년 8월 16일
Also Read: Coinbase’s Base Welcomes Meme Coin Season: Assets Rise Upto 7-Million%
또한 읽으세요: Coinbase의 베이스가 Meme Coin 시즌을 환영합니다: 자산이 최대 700만% 증가합니다
The ‘Buzz’ Factor
'버즈' 요인
Solidus’ report pointed out that around 300 tokens allowed creators to mint an uncapped supply. Furthermore, another 60 tokens blocked buyers from reselling them on exchanges. According to the New York-based company specializing in monitoring suspicious crypto transactions,
“Scam token creators feed on hype, promise, and price and volume manipulation.”
As far as the numbers are concerned, the report pointed out that the scam tokens helped generate around $3.7 million in trading volume on Base DEXes. Consequentially, scammers made roughly $2 million in profit.
수치에 관한 한, 보고서는 사기 토큰이 Base DEX의 거래량에서 약 370만 달러를 창출하는 데 도움이 되었다고 지적했습니다. 그 결과 사기꾼들은 약 200만 달러의 수익을 올렸습니다.
As reported recently, the launch of Coinbase’s Base for developers marked the onset of the meme-coin season. Such pump-and-dump crypto assets registered spikes of up to 7,000,000%. Furthermore, freshly created whale wallets have been driving activity on Base. HarryPotterObamaSonic10Inu with the ticker BITCOIN [not to be confused with the original BTC] has been another crypto that managed to find appeal among whales. In fact, this asset is up 182% in August, outshining other meme coins like Dogecoin and Shiba Inu.
최근 보고된 바와 같이 개발자를 위한 Coinbase의 Base 출시는 밈 코인 시즌의 시작을 알렸습니다. 이러한 펌프 앤 덤프 암호화 자산은 최대 7,000,000%의 급증을 기록했습니다. 게다가 새로 생성된 고래 지갑이 Base에서 활동을 주도하고 있습니다. BITCOIN(원래 BTC와 혼동하지 말 것)이라는 명칭이 붙은 HarryPotterObamaSonic10Inu는 고래들 사이에서 매력을 느낀 또 다른 암호화폐였습니다. 실제로 이 자산은 8월에 182% 상승하여 Dogecoin 및 Shiba Inu와 같은 다른 밈 코인을 능가했습니다.
??The biggest #memecoin on the block hasn't stopped its pumping ways. Despite many #altcoin retracements today, #HarryPotterObamaSonic10Inu price is now +182% in August. Watch volume & network growth (rise is good), & social dominance (rise is bad). https://t.co/NGd8rsWrek pic.twitter.com/ZMBXtAq4KU
— Santiment (@santimentfeed) August 16, 2023
Chen Arad, the Co-Founder of Solidus, said that “buzz” is always a factor, and Base naturally generated buzz, which ended up attracting scammers. The report noted that the hype surrounding the Base network was no exception, and as a result, approaching such tokens with caution held the key. Commenting on similar lines, a Coinbase spokesperson said,
“We encourage consumers to do their research diligently before participating in any dApp, on Base or any other chain, just as they would on the open internet.”
“우리는 소비자들이 공개 인터넷에서와 마찬가지로 Base 또는 다른 체인의 dApp에 참여하기 전에 부지런히 조사할 것을 권장합니다.”
Also Read: Coinbase: ‘Fresh’ Whale Wallets Created in 2023 Drive Activity on Base
또한 읽어 보세요: Coinbase: 2023년에 만들어진 '신선한' 고래 지갑이 Base에서 활동을 유도합니다