BALD deployer hints at Sushi Swap as next target after meme coin exploit, SUSHI price rallies

The entity behind the Twitter handle @BaldBaseBald has represented themselves as the deployer of the BALD meme coin exploit. After the rug pull on August 1, the deployer hinted at a search for new targets, naming the DEX SushiSwap.

Also read: BALD rug pull wipes out 90% of value, hitting Base DEX LeetSwap: A timeline of events

BALD deployer lists next target in recent tweets

The exploiter behind BALD meme coin rug pull event identifies as @BaldBaseBald on X (formerly Twitter). The attacker named Sushi Swap in a recent tweet and informed the crypto community that the plan is subject to change as long as there is a reputable DEX with a low chance of exploit before adding back a very modest amount of liquidity. 

In their previous tweets, the attacker explained that the BALD meme coin has an inherent value of 0 and the meme coin had no roadmap, no fundamentals. The Coinbase Layer 2 BASE-based DEX LeetSwap, where the BALD liquidity pool was hosted, was targeted by a DDOS attack on August 1.

With the help of developers in the community, LeetSwap recovered around 197 Ether. 

SUSHI price rallied 15% overnight, is Sushi Swap next?

There is no definitive evidence hinting at Sushi Swap being the next target, other than the exploiter’s tweet, at the time of writing. Sushi Swap’s native token SUSHI rallied 15% from its August 1 low of $0.651, on Binance.

At the time of writing, the native DEX token is trading at $0.727.

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