In the world of cryptocurrency, a rug pull is a type of scam where developers create a new token, promote it to attract investors, and then suddenly withdraw all the funds, leaving investors with worthless tokens. This fraudulent act is akin to “pulling the rug out” from under investors, hence the name. Rug pulls can occur in various forms, including liquidity pulls, fake projects, pump and dump schemes, and team exits. Liquidity pulls happen when developers remove all the liquidity from a decen
I bought Solana @90$ and made a decent amount of profit, and still holding some amount looking forward for some more profits. I know was late then many other people. Still I'm in Solana and I'm bullish. Hold your horses , Prepare for a wild ride with Solana.