@anastasianna9
What is a rug pull in crypto?
A rug pull is a scam where developers abandon a project after collecting funds.
Types:
Liquidity Pull: Devs remove liquidity, making tokens worthless.
Malicious Code: Smart contracts prevent selling.
Prevention:
Research team credibility.
Avoid unaudited projects.
Rug pulls are common in meme coins and DeFi projects.
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