Safereum's $1.3M Exit: A Cautionary Tale in Crypto šØ
The Hook
Crypto fans, listen up! š£ A new scandal has erupted in the crypto world, and it's a big one. Safereum, a once-promising project, has left investors high and dry. Let's unpack this mess.
The Downfall š
Safereum, a crypto project that had recently raised around $600,000, is suspected of a 'rug pull.' The SAFEREUM token's price plummeted by a staggering 94%.
What Happened? šµļø
Here's the timeline:
1-Safereum raises $600,000
2-Token price drops by 94%
3-Official Twitter account deleted
Accountability šÆ
Some big-name crypto influencers promoted Safereum. Now, they're facing backlash.
Should they be held responsible?
Your Two Cents š”
To what extent should crypto influencers be held responsible for promoting projects that turn out to be scams? Chime in below! š