How to detect rugpull: Key warning signs in cryptocurrency market
Cryptocurrencies such as Bitcoin and Ethereum have been a hot topic among investors and hobbyists for many years. Digital membrane, many cryptocurrencies, many encryption currencies one of the most common ways in which cryptocurrency is manipulated or “rugged”
In this article
What is rugpull?
Fill in creating interest or spreading in the coin. This
key warning characters:
- unwanted trading :
- (Or bad) to be true.
- Unregistered brand Sales : Check whether cryptocurrency is sold via unregistered brand sales. This can be done by checking
- Lack of transparency
: Be skeptical for projects that have no transparency in their development team, technology and economy.
- Sale of High Price Cleanes :
- Unusual Market Movement :
How to protect yourself:
- Complete a thorough study :
2.
- Be careful about unwanted trading :
- Don’t drop the wrong news and rumors :
.
Red flags in the cryptocurrency market:
1.
- High Salary Trade Environment :
- Fake or counterfeit liquidity service providers :
Conclusion:
Cryptocurrencies rugpull’s key warning signs and measures to protect your own,