🚨 What Is a RUG PULL in Crypto? Don’t Get SCAMMED! 💣

In crypto, not all that glitters is gold – some of it is a trap. 🪤

Ever heard of a project mooning one day and vanishing the next? That’s a RUG PULL. 🏃💨

🧨 What’s a Rug Pull?

A rug pull happens when developers suddenly withdraw all funds or drain the liquidity pool, leaving holders with worthless tokens.

It's like the devs yell "BYE!" and take your money with them. 👋💸

🚩 How It Works:

1️⃣ They launch a shiny new token

2️⃣ Hype it up like crazy 🔥

3️⃣ You and others invest in hope 📈

4️⃣ They pull the rug – draining funds 💀

5️⃣ Price crashes – zero exit for holders ❌

😨 Why Does It Happen?

Because anyone can create a token – no rules, no gatekeepers.

And people fall for the FOMO before doing real research. 😬

🛡️ How to Stay Safe:

✅ Check if liquidity is locked

✅ Avoid anonymous dev teams 👤

✅ Watch for huge supply + zero utility

✅ Use tools like TokenSniffer, Dextools, or BSCheck

Don’t chase every rocket – some explode on launch. 🚀💥

In crypto, security > hype. Always DYOR (Do Your Own Research) 🧠🔍

#CryptoSafety #RugPull #ScamAlert #BinanceTips #DYOR #CryptoSecurity #MemeCoinTrap #StaySmart 💼