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…

  • Updated March 20, 2026
  • First published March 20, 2026
  • Reading time 1 minute

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.