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Normie (NORMIE)

avoid.net/normie-memecoin8/100·82% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Summary

Normie (NORMIE) was a memecoin launched in March 2024 on Coinbase's Base layer-2 blockchain that reached a peak market cap of approximately $130 million on April 2, 2024. On May 26, 2024, an attacker exploited a premarket-user recognition flaw in the token's smart contract via a flash loan attack, minting billions of tokens beyond the 1 billion supply cap and draining liquidity pools, causing a 99% price collapse and approximately $41 million in market cap destruction. A blockchain scam-detection tool reported the vulnerability had been detected in March 2024 but was never patched by the development team.

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Timeline(8 events)

2024-03-01

NORMIE token launched on the Base blockchain. Exact launch date within March 2024 not precisely confirmed in available sources.

Unchained Crypto

2024-03-01

Smart contract vulnerability allegedly detected by blockchain scam-detection tool Quick Intel. The vulnerability was not publicly disclosed or patched at this time.

Web3 Is Going Great / Invezz

2024-04-02

NORMIE reaches peak market cap of approximately $130 million.

Unchained Crypto

2024-05-26

Flash loan exploit executed on the NORMIE smart contract on Base blockchain. Attacker extracts approximately 224.98 ETH (~$881,686). Token price collapses 99%+. Market cap falls from ~$41 million to ~$35,000. Approximately 72,000 holders affected.

CertiK Incident Analysis

2024-05-26

Attacker posts on-chain message offering to return 90% of exploited ETH ('keeping 10% as a bug bounty') in exchange for no reprisals and a project relaunch using returned funds plus 600 ETH from the developer wallet.

CoinDesk

2024-05-26

One whale investor's position of 11.23 million NORMIE tokens — purchased for approximately $1.16 million between March 25 and April 9 — falls to a value of less than $150.

CoinGape

2024-05-27

Normie development team accepts the attacker's 90% return offer with 'no reprisals.' The team commits to relaunching a new token to compensate holders using recovered and developer funds. The team's official X account is suspended. Fraudulent scam posts promoting fake relaunch links flood social media.

CoinTelegraph / CryptoNews

2024-06-10

Normie project posts a promotional video on X depicting the Normie character in a hanging scenario. Community backlash is immediate. The project removes the video, issues an apology, and claims an intern was fired. The authenticity of the firing is disputed.

Decrypt / CoinTelegraph
Provenance & Audit Trail

Decision Log

  • #1publish⛓ pending7/25/2026, 11:29:27 PM
    hash: 8VtQry4WndgUuT3EPvBSfZYL5xnUK2icKzWFQKtT2iYJ

0 of 15 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 7/25/2026, 11:29:18 PM

last updated: 7/25/2026, 11:29:27 PM

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