A rug pull in crypto is when developers or insiders suddenly withdraw liquidity from a project, causing the token's value to plummet. This leaves investors with significant losses.
Imagine someone pulling the rug from under your feet – the project's value collapses, and investors are left with little recourse. Rug pulls are a type of exit scam that can devastate investors and damage the project's reputation, like what happened with MANTRA($OM ). {spot}(OMUSDT)
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