Glossary term
Rugged
Describes a trader, investor, or community that has been hit by a rug pull or similar scam, leaving holders with sharply devalued or effectively worthless tokens after insiders…
Definition
Understand the fundamentals, context, and nuances behind this term.
Describes a trader, investor, or community that has been hit by a rug pull or similar scam, leaving holders with sharply devalued or effectively worthless tokens after insiders remove liquidity, abandon the project, or disappear with funds.