Normie (NORMIE)
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 8 → 26. Problems weighed by who is responsible: the subject's own conduct −25, incidents the subject suffered −20, problems around the subject, caused by others −4.5, concerns that are not fraud −3.2; no established finding that it defrauded anyone, so it stays out of the red band. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -25 |
| Concerns that are not fraud | -3.2 |
| Incidents it suffered (e.g. hacks) | -20 |
| Problems around it, caused by others | -4.5 |
| Sum | 12 |
- No established finding that it defrauded anyone, so it stays out of the red band (26 or above).
Score: 26/100 (kept between 0 and 100)
How scoring works →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.
Connected Entities
4 entities · 60 linked investigations- Normie (NORMIE)→mentioned with→Coinbase(65%)
- Normie (NORMIE)→mentioned with→Base(70%)
- Coinbase→mentioned with→Base(70%)
- Normie (NORMIE)→mentioned with→Cointelegraph(65%)
- Base→mentioned with→Cointelegraph(65%)
- Base→mentioned with→Coinbase(70%)
Connected Through
3 shared actors · 329 investigationsDistinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.
- ♦Coinbasetoken
- □Baseorganization
- ♦Cointelegraphtoken
Timeline(8 events)
March 2024
NORMIE token launched on the Base blockchain. Exact launch date within March 2024 not precisely confirmed in available sources.
Unchained CryptoMarch 2024
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 / Invezz26 May 2024
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 Analysis26 May 2024
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.
CoinDesk26 May 2024
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.
CoinGape27 May 2024
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 / CryptoNews10 June 2024
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 / CoinTelegraphDecision Log
- slot 455362923 · hash 44P3ubJKoaKh6BiJNrQcBvATVUoGAfVrXtdGUyPE4ZDK
- slot 443502000 · hash 8VtQry4WndgUuT3EPvBSfZYL5xnUK2icKzWFQKtT2iYJ
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 15 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: 10/10/2026, 6:42:57 PM
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