🚨 Meme Coin Developer Admits: “Rug Pulls Are the Easiest Way to Make Money”
In a candid interview, memecoin developer Sahil Arora revealed that executing rug pulls is the simplest method to generate income in the crypto world. Having launched over 100 tokens, Arora claims to have made millions by creating projects with no long-term vision, solely aiming for quick profits at the expense of unsuspecting investors.
He describes a toxic culture where fraudulent behavior is rewarded, particularly on platforms like Solana and Base, which see thousands of new tokens daily. A recent study highlights that 98% of the approximately 7 million tokens launched on Pump.fun are considered scams, contributing to over $500 million in financial losses last year alone.
These revelations shed light on the darker side of the memecoin hype, emphasizing the need for increased vigilance and regulation in the rapidly evolving crypto landscape.
