Exploiters of Normie memecoin increased the token supply of the memecoin by taking advantage of the Normie smart contract that allowed them to mint extra tokens.

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Exploiters of Normie memecoin increased the token supply of the memecoin by taking advantage of the Normie smart contract that allowed them to mint extra tokens.

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According to analysis from pseudonymous crypto trader and developer “@ProfoundWatcher” on X, the exploiter took advantage of a flaw in the Normie smart contract, which allowed them to mint extra tokens.
Normie, a memecoin built on the Ethereum layer 2 network Base, shed $40 million off its market cap after an exploit increased its token supply.

Topics

In-depth analysis of the smart contract exploit on Normie memecoin