Rug

Libra Memecoin Backed by Argentina’s President Javier Milei Sparks Rug Pull Concerns: All Details

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The crypto market took a hit over the weekend following a memecoin controversy. Argentina’s President Javier Milei promoted the Libra memecoin on his official X account last Friday. According to the Buenos Aires Herald, his now-deleted tweet claimed the token could boost the national economy. Reports indicate that within hours of launch, Libra’s price surged … Read more

OM Token’s Sudden Plummet Stirs Rug Pull Fears, Mantra Blames ‘Sudden Liquidation’  

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The OM token, the native cryptocurrency of the Mantra blockchain, registered a sudden and drastic drop over the weekend. The token fell by 90 percent in value, from $6 (roughly Rs. 515) to $0.70 (roughly Rs. 60.5), raising alarms across the crypto community. Speculations suggesting a potential rug pull flooded social media soon after the … Read more