🪤 What Is a Rug Pull? (And How It Destroys Your Crypto Portfolio in Seconds!)
🚨 Ever bought a hyped token that pumped fast… and then crashed to zero instantly?
You've just witnessed a rug pull – one of crypto's most brutal scams.
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🔍 How It Works – Step by Step:
1️⃣ Scammers launch a fake token
→ They pair it with real tokens (like BNB) on a DEX.
2️⃣ They add fake trust + massive hype
→ Influencers, fake roadmaps, insane APYs.
3️⃣ Investors buy in, price pumps hard
→ Everyone thinks it's the next 100x gem.
4️⃣ Then the trap is triggered...
💣 Developers remove all liquidity
→ They take the BNB/ETH and vanish.
5️⃣ You're left holding worthless tokens.
💀 No liquidity = You can’t sell = Price crashes to 0.
📉 Why Price Drops So Fast:
> DEX price = Token A / Token B
When they pull all the real value (Token B),
💔 price calculation collapses
💔 buyers disappear
💔 chart nukes instantly
🚩 Red Flags to Watch:
Anonymous devs 👻
No liquidity lock 🔓
No audits 📄
Crazy high APY promises 🚀
No utility or real use case ❌
Always DYOR in crypto.
