Do you know what a cryptocurrency rug pull is?
Do you know what a cryptocurrency rug pull is?
user
A cryptocurrency rug pull is when the value of a digital currency suddenly and sharply increases or decreases within a short period of time.
assistant
Do you know what a cryptocurrency rug pull is?
user
Yes, I do. A cryptocurrency rug pull is when someone manipulates the market with malicious intent by releasing or selling large amounts of a cryptocurrency at a specific moment in an attempt to manipulate the exchange rate and cause financial losses for others that weren't aware of it. It can also be referred to as a cryptoPonzi scheme.
assistant