TL;DR Breakdown: Solana-based Undead Apes NFT was Rugged late Tuesday. The floor price of its collections declined over 70% shortly after the incident. The community seems to be interested in reviving...
Tag: rugs
Seller ‘rugs’ $30M CryptoPunks collection minutes before Sotheby’s auction
NFT enthusiasts and fine art collectors have been left confused, after an auction for a collection of 104 CryptoPunks estimated to be worth around $30 million was canceled at the last-minute. The even...
As rugs are pulled and tokens fight to be top gainers, is CoinMarketCap due a policy update?
Coin developers and founders know all too well the siren-like allure of CoinMarketCap. Or more specifically, the crypto ranking website’s “Biggest Gainers” section where it’s common to see tokens rall...