RE: LeoThread 2024-11-21 08:32

Part 5/8:

Understanding the Rug Pull Scheme

For those unfamiliar with the term, a rug pull refers to a deceitful strategy in the cryptocurrency market. Developers entice investors by creating an illusion of value and success through various means—ranging from social media hype to influencer endorsements. The ultimate goal is to inflate the perceived worth of the token, drawing in as many investors as possible.