Analysis: The number of cryptocurrency "Rug Pull" incidents decreased in 2025, but the scale of losses per incident increased significantly.

According to Deep Tide TechFlow news on April 18, citing research from DappRadar, the number of cryptocurrency Rug Pull incidents is expected to decrease by 66% year-on-year by 2025, dropping from 21 incidents at the beginning of 2024 to 7 incidents this year. However, from the beginning of 2025 to now, the Web3 ecosystem has lost nearly $6 billion due to Rug Pull incidents, compared to only $9 million lost in the same period of 2024.

DappRadar analyst Sara Gherghelas pointed out that unlike the Rug Pull incidents that occurred mainly in decentralized finance protocols, non-fungible token projects, and meme coins in the first quarter of 2024, the Rug Pull incidents in 2025 will be mainly concentrated in the meme coin sector. She emphasized that although the frequency of Rug Pull incidents has decreased, their destructiveness has increased, and the scamming methods have become more complex, often orchestrated by teams with well-designed branding and complete narratives.

RADAR-4.96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)