Rug Pull
Definition
Rug Pull means that in the cryptocurrency world, the developers or participants of a project unexpectedly leave the project by withdrawing assets, causing investors to suffer huge losses.
The term Rug Pull is a phrase used in the cryptocurrency world and often describes cases of fraud or fraud. In this case, the developers of a crypto project unexpectedly leave the project and withdraw assets. As a result, investors lose their holdings. Rug Pull cases are generally considered as situations where investors suffer large losses and confidence is shaken. This term emphasizes that users investing in the project should be careful and do research on their reliability.
This entry is part of the JrKripto crypto glossary. We explain key terms and concepts to help investors and traders understand the cryptocurrency market. Clear definitions support better decision-making and risk management.
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The JrKripto crypto glossary explains important terms and concepts so investors can understand the market better. Clear definitions support decision-making and risk management. Each entry has a short definition and, where useful, an extended explanation for quick reference or deeper reading.
The glossary covers a wide range of topics from trading and DeFi terms to blockchain infrastructure and market indicators. You can find terms via search or the term list. Use the related terms section to discover related concepts.
