The coin’s value collapses, and everyone else is left with a virtual nothing. This is called a rug pull. Welch ruined her public goodwill earned by making oral-sex jokes when she was roped into ...
A young memecoin creator pocketed $30,000 after engaging in a rug pull. The news has caused some to question the danger of chasing the get-rich-quick culture of memecoins. Pump.fun, a popular site ...