Lena Network's Token Candy Falls 87% After $2.9 Million Rug Pull

The rug pull occurred hours after the launch of the Candy token.

The newly launched Lena Network liquidity protocol's Candy token fell more than 87% after the protocol suffered a rug pull of 753 Ether, worth $2.9 million at press time.

Candy token fell 87% to $0.38 as of 12:48 AM ET m. in UTC, from a daily high of $3.08, recorded at 5:45 a.m. m. in UTC, according to Dexscreener data.

$candy