What does Rug Pull mean?
If a contract retains minting privileges, its deployer can print and sell large amounts of tokens at any time.
A Rug Pull is when a project team suddenly withdraws liquidity or sells off a large amount of tokens, leaving other holders with tokens they can barely sell.
When managing your positions, the most important thing to remember is this: verify claims like “we’ll never run away” and “the team’s tokens are locked” on-chain for yourself. Verbal promises don’t count.
$PEPE 0.0₅443（-12.45%）
#PEPE
If a contract retains minting privileges, its deployer can print and sell large amounts of tokens at any time.
A Rug Pull is when a project team suddenly withdraws liquidity or sells off a large amount of tokens, leaving other holders with tokens they can barely sell.
When managing your positions, the most important thing to remember is this: verify claims like “we’ll never run away” and “the team’s tokens are locked” on-chain for yourself. Verbal promises don’t count.
$PEPE 0.0₅443（-12.45%）
#PEPE