🛑 Alert: Rug Pull in focus this week
📌 Highlighted case: AURA (Solana)
In just 24 hours, the AURA token soared an incredible 3,538%, rising from $0.001 to $0.037 and generating a peak market capitalization of $34M. But analysts warn: it could be a rug pull. The distribution was suspicious (high concentration in a few tokens) and there are no clear utilities or partnerships.
⚠️ What is a rug pull and why is it dangerous?
It is a fraudulent scheme where creators launch a token with no history, inflate the price, and then withdraw liquidity or block sales, leaving 99% of investors with no value.
🔍 Warning signs
🚩 Signal Description
Express rise Growth +3,500% in hours
Unequal distribution Few wallets control most of it
Lack of utility No roadmap or real partnership
✅ How to protect yourself?
1. Avoid tokens with extreme rises and no backing.
2. Check distribution (block explorers).
3. Look for audits or verified contracts.
4. Be wary of communities that celebrate “unexplained spikes.”
📌 Reflection
Markets like Solana attract rug pulls: nearly $6 billion has already been lost this year, with the Mantra incident leading the way. THEY ATTRACT FOMO, but with low real support. Get active: verify before investing.
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