# Сопутствующие статьи по теме Rug Pull

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Rug Pull", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

The 'Execution Line' Sweeping the Internet: The Shattering of the American Dream, The Awakening of the Crypto Dream

The term "Execution Line" has gone viral on Chinese social media, originating from a video about homeless life in the U.S. and sparking widespread discussion. It refers to a financial tipping point—when savings, income drop below a critical threshold, triggering irreversible collapse into unemployment, debt, or homelessness. This concept resonates amid rising U.S. debt and inflation, shattering the illusion of the American Dream. Similarly, the crypto world faces its own brutal "execution line." While U.S. financial ruin unfolds gradually through medical bills or job loss, crypto’s version is swift and merciless: leverage liquidations, exchange hacks, and rug pulls can wipe out fortunes in minutes. On October 11, 2025, a tweet announcing 100% tariffs on Chinese goods triggered a market panic, leading to $19.3 billion in crypto liquidations and massive price crashes. Throughout the year, hacking incidents, like the $1.5 billion Bybit theft, totaled over $3.4 billion in losses. Unlike national systems with safety nets, crypto offers no bailouts or buffers. High leverage, emotional trading, and low regulatory oversight amplify risks, leaving individuals vulnerable. The discussion serves as a wake-up call: rather than chasing dreams of quick wealth, participants should prioritize discipline, risk management, and resilient asset allocation to survive in a high-stakes environment.

marsbit12/24 04:06

The 'Execution Line' Sweeping the Internet: The Shattering of the American Dream, The Awakening of the Crypto Dream

marsbit12/24 04:06

2 Days, 20x: A Quick Look at the Automated Market Making Mechanism of the New Gem Snowball

The meme token Snowball" launched on pump.fun on December 18 and gained significant traction in the English-speaking crypto community, reaching a $10 million market cap within four days while largely flying under the radar in Chinese crypto circles. Its core innovation is an automated market-making mechanism: instead of the typical "creator fee" (usually 0.5%–1% per transaction) going to the developer’s wallet—a common setup that often leads to rug pulls—Snowball directs 100% of this fee to an on-chain bot. This bot periodically: 1. Buys back tokens to create buy pressure, 2. Adds the purchased tokens and corresponding SOL to the liquidity pool to improve depth, 3. Burns 0.1% of tokens to induce deflation. The fee rate also adjusts dynamically based on market cap (0.05%–0.95%) to balance accumulation and transaction friction. The idea is a "snowball effect": trading generates fees → fees fuel buybacks → buybacks may push price up → higher prices attract more trading. On-chain data shows 7,270 holders, with the top 10 holding ~20% of supply. Trading volume has been relatively balanced between buys and sells. However, the token remains highly speculative. While the structure reduces dev exit risk, it doesn’t eliminate other meme coin risks like low liquidity, narrative fatigue, or large holder dumps. Similar projects like FIREBALL are emerging, suggesting a trend toward "mechanism-driven memes." But as past examples like OlympusDAO and Safemoon show, complex tokenomics alone don’t guarantee sustainability—external demand and market conditions remain critical. In short: Snowball is a meme first and an experiment second. Its mechanism is interesting, but it doesn’t change the high-risk, speculative nature of meme coins.

marsbit12/22 10:42

2 Days, 20x: A Quick Look at the Automated Market Making Mechanism of the New Gem Snowball

marsbit12/22 10:42

Circle's Acquisition of Axelar Sparks Controversy: Giant Wants the Team, Not the Token

Circle, the stablecoin giant, has announced the acquisition of the core team and intellectual property of Interop Labs, the initial developer of the cross-chain protocol Axelar Network. However, the deal explicitly excludes the Axelar Network project itself, its foundation, and its native token AXL. These will continue to operate independently under community governance, with another contributing team, Common Prefix, taking over Interop Labs' former activities. This "acquire-the-team, not-the-token" structure has caused significant controversy and triggered a 15% drop in the price of AXL. The crypto community is divided into opposing camps. The opposition, including VCs and prominent figures, argues the move is a de facto "rug pull." They contend it is unethical for the team and equity holders to profit from the acquisition while token holders, who funded the project's early development, are left with an asset that may now be worthless. Critics state this highlights a fundamental conflict between equity and token-based financing. Supporters, including investment chiefs, defend the move as a normal market behavior. They explain that in traditional capital structures, tokens sit at the very bottom, below debt and equity. In acquisitions, it is standard for higher-priority stakeholders to be paid first, and tokens have no inherent claim to proceeds. They argue Circle acted within existing commercial frameworks by purchasing only the most valuable assets—the talent and IP. The core conflict exposed is the ambiguous legal and economic nature of tokens. They are often narratively treated as "quasi-equity" during good times but are structurally relegated to having no rights in events like acquisitions. This case underscores the urgent need for the industry to define and institutionalize the rights and position of tokens within capital structures.

Odaily星球日报12/16 03:27

Circle's Acquisition of Axelar Sparks Controversy: Giant Wants the Team, Not the Token

Odaily星球日报12/16 03:27

活动图片