2026-01-13 12:23:21

Another high-profile rugpull hit the memecoin space recently. A newly launched token backed by a prominent political figure saw its liquidity completely drained within just 30 minutes of launch. The token had been heavily promoted across the creator's personal social channels, building considerable hype before the coordinated exit. Investors who rushed in during the initial frenzy were left holding worthless tokens as the liquidity pools were systematically emptied. This incident serves as a stark reminder of the risks lurking in the memecoin sector—where celebrity endorsements and rapid launches can mask carefully orchestrated exit scams. Security researchers flagged the incident as a textbook rugpull, highlighting how even well-known names can become vectors for sophisticated fraud schemes. The crypto community continues to emphasize due diligence and skepticism toward hyped token launches, especially when liquidity structures lack proper safeguards.

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LightningAllInHero

· 6h ago

Politicians bringing in money, clearing liquidity in 30 minutes— isn't this textbook-level rug pull? It's another old trick, celebrity effect + hunger marketing, and the little guys are just too slow to react before being exploited. I just want to ask, with such an obvious liquidity trap, how can anyone dare to go all-in? Memecoin, to put it simply, is a casino. No matter how big the name, it can't save you. Next time you see a big influencer promoting a coin, remember to do the opposite—lesson learned the hard way, everyone. Such a rug pull should definitely be prosecuted, but those losing money will always say, "Who could have expected this?" Gossip: Politicians + crypto circles = double scam buff. Does this count as cheating? Haha Liquidity was drained within 30 minutes... with this speed, it's truly a ticking time bomb.

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JustAnotherWallet

· 6h ago

It was all gone in just 30 minutes, this hand speed is incredible --- Once again, a political figure endorses it, I knew it was no good --- Should have seen it clearly earlier, all celebrity-endorsed coins are damn traps --- Those who FOMO in are all fools, who can we blame --- This is the real face of memecoin, just a gambler's game --- Liquidity pools not even locked and daring to launch? They really think people are fools --- A textbook-level rug pull, remember this trick next time --- Ponzi schemes are Ponzi schemes, no matter how glamorous the name, the essence doesn't change --- Only 30 minutes... Did anyone buy in or was it all a loss --- How many more leek farmers will this wave cut? Truly incredible

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BagHolderTillRetire

· 6h ago

30 minutes and it's gone, these celebrities really dare to play --- Another old script, luckily I didn't get on the train --- Endorsement by politicians can't save this thing? Laughing to death --- Every time they say lessons are learned, someone still rushes in next time, human nature --- Liquidity is directly drained, why are so many still falling for this trick --- Is this the standard of celebrity projects? Too basic --- Watching others get cut, I feel more at ease --- 30-minute rug pull, do they have to be so hasty? Afraid retail investors will catch on --- Fortunately, I am cautious. I sensed trouble early on with projects that hype themselves right after listing --- Endorsement by politicians is useless; blockchain is just that magical

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DuskSurfer

· 6h ago

Political figure endorsement? Laughable, who these days dares to do that --- 30-minute liquidation, this tactic is way too familiar, a textbook rug pull --- Yet another celebrity scam, when will these people learn their lesson --- Liquidity wiped out in five minutes, investors suffer huge losses, classic old trick --- Celebrity endorsement = high-level scam, memecoin is truly a lawless zone --- It's outrageous, social media hype all day, then they run away, impossible to defend against --- Investors deserve it this time, with such obvious hype rushing in --- Bloodthirsty rug pull, there's no such thing as the most deceptive, only more deceptive --- Why do people still believe in this stuff, where did due diligence go --- Politicians getting involved in crypto, unbelievable, this layer is too dirty

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QuorumVoter

· 6h ago

Run away in 30 minutes? Laughing out loud, this is just the daily life of memecoin. Celebrity endorsement = direct buy/sell signals, wake up everyone. Another case of a politician taking the blame, these newbies really can't hold on anymore. Liquidity pools emptied in seconds, classic move, no problem. Honestly, reading this news makes me want to vomit, only fools FOMOing in would do that. Do researchers still need to lecture about this rug pull? The community has long been used to it. Knowing there are tigers in the mountain but heading into Tiger Mountain, who to blame?

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