Analysis: Cryptocurrency rug pull events slow down, but more destructive

avatar
ODAILY
04-18
This article is machine translated
Show original
Odaily Planet Daily News: DappRadar reports that the number of Rug Pull events in the Web3 ecosystem in 2025 decreased by 66% compared to 2024, but the loss amount reached nearly $6 billion. The collapse of Mantra's OM token accounted for 92% of the losses, despite the project team denying it was a Rug Pull. Analyst Sara Gherghelas stated that scams are becoming more complex, with meme coins becoming the primary target. The Solana token LIBRA from Libertad surged after the Argentine president's post and then plummeted 94% after the post was deleted. Gherghelas also warned that abnormally active wallets and anonymous teams are risk signals. (Cointelegraph)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments