• @[email protected]
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    fedilink
    512 days ago

    how is it a rug pull? Anyone with three quarters of a brain could tell that the fame wouldn’t last.

    • Rayquetzalcoatl
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      English
      812 days ago

      A rug pull is when for example one of these influencers markets and promotes a crypto, “pumping” the value up because people invest, and then immediately sells or “dumps” their share (usually a significant amount) as soon as possible, causing the value to plummet and leaving the other investors holding the bag.

      It’s not to do with her fame not lasting, although I agree anybody with half a brain didn’t invest in this obvious scam lol