Analysis: Cryptocurrency rug pull events slow down, but more destructive
04-18 06:17
Odaily News The DappRadar report shows that the number of rug pull events in the Web3 ecosystem in 2025 will decrease by 66% compared to 2024, but the amount of losses will reach nearly $6 billion. The collapse of Mantra's OM token accounted for 92% of the losses, although the project denied that it was a rug pull. Analyst Sara Gherghelas said that the scam has become more complicated and memecoin has become the main target. Libertad's Solana token LIBRA soared after the Argentine president posted a message and plummeted 94% after deleting the post. Gherghelas also warned that abnormally active wallets, anonymous teams, etc. are risk signals. (Cointelegraph)
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