What Does the "Rug Pulled" Label Mean?

The "Rug Pulled" label on Pluang is applied when a coin's underlying network is shut down due to suspected fraud or project failure, which makes the coin untradeable immediately. In crypto, a "rug pull" describes a project that collapses or is abandoned by its creators, often abruptly — so unlike a planned delisting, there is no "Delisting Soon" warning stage beforehand. Once applied, the coin can no longer be bought or sold and it is removed from Home and Explore, but any balance you already held stays visible in your portfolio.

Good to know:

• The coin becomes untradeable immediately and no longer appears in Home or Explore.
• It is abrupt — there is no "Delisting Soon" warning stage beforehand.
• Any balance you already held stays visible in your portfolio.
• The trigger is a network shutdown on suspected fraud or project failure, not a routine business decision.
• Pluang shares further information about the removal process once case details are confirmed.

Related questions:

Q: Will I be notified if a coin I hold is rug pulled?
There's no advance warning stage. Pluang applies the label and shares case information through the app once details are confirmed — check the coin's label detail view and your in-app notifications.

Q: Can I still sell a coin labeled "Rug Pulled"?
No — the coin becomes untradeable as soon as the label is applied. Unlike a temporary "Trading Paused", trading does not simply resume.

Q: Do I still own a coin that's been rug pulled?
Any balance you held before the rug pull stays visible in your portfolio, but the coin is untradeable and its network has been shut down.

Q: What's the difference between "Rug Pulled" and "Delisted"?
Delisting is planned, with advance warning and a removal date; a rug pull is abrupt, triggered by the network being shut down, with no warning stage.

Q: Is a rug pull the same as the coin being a scam?
The label reflects a network shutdown on suspected fraud or project failure — it's a status marker, not a legal verdict. The practical effect is that the coin is untradeable and its network is down.