Bittime - Normie is one of the well-known memecoin projects inthe Base ecosystem. In an effort to address the ongoing price crash issue, the project announced that their deployer wallet currently has over 500 ETH that will be used to resolve the issue. This was conveyed through several of their official communication channels, including social media accounts and blockchain monitoring platforms.
What Problem is Normie Facing?
According to the announcement made via the official NormieBase X account, the project is actively communicating with key partners to quickly find the best solution.
"We apologize for the delay. We are working hard and remain active in chat to monitor developments," wrote NormieBase in a tweet.
Source: https://x.com/NormieBase/
The project also warns users not to purchase Normie tokens at this time, as there are indications that exploiters continue to mint or obtain tokens unlawfully.
"Do not purchase tokens until we have more confirmation," they stressed. This advice is important to prevent further losses for investors who may not be aware of the situation at hand.
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Potential Solutions: Re-launch or Fork?
One of the main issues that the Normie team is still considering is whether this project needs to be re-launched or forked. "We are not yet sure whether a relaunch or fork is necessary. We will not take a hasty decision," said their official statement.
This decision will certainly determine the direction and future of the Normie project, as well as investors' confidence in the Base ecosystem.
500 ETH Support Becomes New Hope?
With over 500 ETH ready to go, the Normie team hopes to restore price stability and investor confidence. This fund is expected to be able to provide the necessary liquidity and overcome the impact of the actions of exploiters.
"Our deployer wallet currently has over 500 ETH, all of which will be used to improve this situation," they explained.
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What is a Base Ecosystem?
The Base ecosystem is known as a platform that supports the development of various cryptocurrency and memecoin projects. Memecoin itself is a type of cryptocurrency that is often based on internet memes or social trends, and usually has high appeal but also significant risks.
As part of this ecosystem, Normie aims to bring innovation and entertainment to the world of digital assets.
Conclusion
Normie in the Base ecosystem is at a critical point with the problem of falling prices due to exploitation. However, with the steps that have been taken, including the use of more than 500 ETH (Ethereum) to stabilize the situation, there is hope that the project will be able to bounce back.
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How to Buy Bitcoin (BTC) on Bittime
You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Bitcoin (BTC) is available on Bittime with the market pair BTC/IDR . To be able to buy BTC/IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Bitcoin (BTC) on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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