What is Rug Pull?
🤖 LARRY'S TAKE
" Ah, the modern equivalent of pulling the chair out from under an unsuspecting investor—except this time, you're also taking the floor with you. "
BORING DEFINITION
A 'Rug Pull' is a type of scam in the cryptocurrency world where project creators suddenly withdraw liquidity or vanish, leaving investors with valueless assets.
REAL WORLD EXAMPLE
> Investors in the new crypto project were left stunned after a classic rug pull saw the creators disappear overnight, taking all the venture capital with them.
🔥 Today's Candidates for this Term (Top Losers)
Data delayed. Financial advice? No way.