Anything is possible and since you have made good profits, why would you risk keeping those tokens, knowing that the liquidity changes every hour or more, and therefore your profits may disappear in less than 12 hours. Withdraw your profits and invest them in more reliable assets.
Your right. Gonna take the profit soon I saw its 18% last 6 hours so still in good shape. rugpull can happen anywhere regardless of blockchain as long as the rugpullers got enough coin to dump the market all the way to near zero.
so far there's no real mechanism that can prevent this except just us doing our own due diligence and see the coin holders and determine whether there's possibility of rugpull or not.
but then again if you invest in meme just consider your money gone, if it's somehow going up so high, that's a bonus
that's just how it is with meme, the game is wild and full of risks.
Thanks for your reply and yes that's true it's the best way to see it as the money is gone, I was a pretty active meme daily trader a couple of months ago did exclusive trade on the Solana network.. I was finding tokens at CoinGecko and damn so many rug pulls that affected me on daily basis, I cant even imagine how many tokens that creates daily just for being rug pulled, it's so damn sad to be honest. so far there's no real mechanism that can prevent this except just us doing our own due diligence and see the coin holders and determine whether there's possibility of rugpull or not.
but then again if you invest in meme just consider your money gone, if it's somehow going up so high, that's a bonus
that's just how it is with meme, the game is wild and full of risks.
I don't think they will rug pull since so many people are involved with TON coins and these telegram crypto apps. Also the founders, get a nice chunk on views on everything they promote through social media which benefits more than pulling the rug out of their projects.
Rugpulls happening on TON especially on the airdrops category the more people flocking on the hype there are plenty of scammers will try to cash in on the hypeIf anyone wonder so is the token name LIQUID.
I didn't find a website or anything just a TG-channel seems to be Russian guys behind it, will probably take the profit soon or at least some parts of it.
