
Detail Analysis

Key Indicators
Platform:
Type:
Category:
Method:
Token
Assets
Scams
Extended Method:
Rug Pull
Data Sources:
Gunna, a popular Atlanta rapper, tweeted that he was launching his own cryptocurrency called PushinPETH. "Ay @pushinpeth making a crypto metaverse for us!" he wrote. "@shanemooncharts backing the project, I know this is gonna fly. IM TAKING THIS TO THE MOON JOIN THE TELEGRAM HERE. Howver the scam only laste no mor ethan 8 hrs, where liquidity was rapidly drained as shown by a sleuth zachxbt (https://twitter.com/zachxbt/status/1488802851577081860?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1488802851577081860%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.xxlmag.com%2Fgunna-crypto-scam%2F). Included in the message was a screenshot of PushinP crypto's performance on TradingView, which showed how it received an influx of liquidity—or how easily cryptocurrency can be converted into cash—upon going live, but then quickly decreased in value. This is evidence of a potential rug pull.
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