Warning about the Rug Pull Memecoin trend on http://Pump.fun
Recently, there have been consecutive rug pull incidents on http://Pump.fun causing damage to investors. Notably, these rug pulls were not carried out by sharks or professional scammers, but rather originated from ordinary individuals.
On November 20th, a 10-year-old boy named Griffin earned nearly 54,000 USD after rug pulling 3 memecoins #QUANT, #SORRY, and #LUCY.
Just one day later, a young girl named Ana also caused a stir in the community when she livestreamed herself bathing while creating the token Live Bath Ana (#LiveBathOF) and rug pulling.
The public rug pulls on http://Pump.fun are gradually being normalized by the community, with many even considering it a joke that is obviously going to happen.
Could this be a worrying sign for memecoins and the crypto market?
