A scam where developers abandon a project (often after token launch) and run off with raised capital or AMM pool liquidity. Rugs are common in memecoin and DeFi launch ecosystems. Red flags: anonymous team, no audited code, large dev wallet allocations, sudden marketing push followed by sudden silence. Most “fair launch” tokens that hit $10M+ market cap within 48 hours of launch are rugged within 14 days.
Rug pull
A scam where developers abandon a project (often after token launch) and run off with raised capital or AMM pool liquidity. Rugs are common in memecoin and DeFi launch ecosystems. Red flags: anonymous team, no audited code, large dev wallet allocations, sudden marketing push followed by sudden silence. Most "fair launch" tokens that hit $10M+ market cap within 48 hours of launch are rugged within 14 days.
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