Post claims Base users were rugged again within 24 hours as traders pile into a viral TikTok animal token on Solana
AI Market Summary
Newsflow highlights alleged repeated rug pulls on Base within 24 hours, undermining confidence in the Ethereum L2 ecosystem and reinforcing near-term risk aversion toward related onchain venues. Concurrently, attention shifting to a viral TikTok animal-themed meme coin on Solana signals speculative rotation and thinner liquidity discipline, elevating volatility and liquidation risk on SOL-dominant venues despite potential transaction and activity inflows.
Impact level
● Medium
Affected assets
SOL/USDT+1.87%
AI Insight · SOL/USDTAI Insight
▼ Bearish
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A post alleged that a Base-chain project executed another rug pull in under 24 hours, wiping users’ assets. It also said traders are rotating into a Solana-based token themed on an animal that went viral on TikTok. The post framed the episode as a repeat security failure that undermines trust in Base as Ethereum’s Layer 2 infrastructure. It added that the shift toward high-risk meme tokens on Solana could amplify short-term volatility and liquidation risk, with knock-on effects for Base-native assets and Solana on-chain liquidity.
