How to Analyze Liquidity Pools and Other Factors to Avoid Being a Victim of Rug Pulls

Rug pull is a term that everyone dreads in the crypto sphere. It is one of several scams that is used in the crypto industry by bad actors to make a quick buck. Unlike hacks and other frauds, rug pulls are nearly always an inside job, with the developers (as a whole team or one or more of the members deceiving the rest of the team) walking away with investors’ hard-earned money, leaving them with worthless tokens. According to research, more than $48 billion has been siphoned off through over four hundred rug pulls so far. Because of this, many…...