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Normie Dumps 99% as Attacker Calls Meme Coin’s Tax Contract a 'Copy-Paste' Job

  • bhoomisinghal0
  • May 27, 2024
  • 1 min read

Hyped Base meme coin normie (NORMIE) plunged 99% on Sunday after being hit by an exploit that saw attackers manipulate the token’s total supply, completely draining its liquidity pools. Blockchain sleuths said attackers exploited a so-called tax function in the token’s contract to issue more tokens than the intended 1 billion supply. The extra tokens were then traded for ether. In an on-chain message in Asian morning hours on Monday, the attacker called Normie’s contract code a “copy-paste” job which was likely not thoroughly reviewed by its developers prior to being pushed live. Normie’s X has been suspended as of early Asian hours on Monday.


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