The value of the relatively new memecoin BALD has surged by an incredible 10,000% in recent weeks, causing excitement and caution among investors. This particular memecoin is unique in its compatibility with BASE, a new blockchain developed by Coinbase crypto exchange. Rumors have emerged linking BALD to the CEO of Coinbase, Brian Armstrong, due to a large supply of $cbETH in possession of an unknown whale. However, there is currently no concrete evidence linking Armstrong directly to BALD memecoin, and any connections should be treated as speculative without verified evidence.