What Does the "Rug Pulled" Label Mean?
The "Rug Pulled" label appears when a coin's network is shut down due to suspected fraud or project failure, making the coin untradeable while it remains visible in your portfolio if you already hold it.
Good to know:
- The coin becomes untradeable immediately and no longer appears in Home or Explore.
- Any balance you already hold stays visible in your portfolio.
- Unlike a planned delisting, a rug pull is abrupt with no advance warning stage.
- Pluang provides further information about the removal process once case details are confirmed.
Related questions:
Q: Can I still sell a coin labeled "Rug Pulled"?
No — the coin becomes untradeable as soon as the label is applied.
Q: What's the difference between "Rug Pulled" and "Delisted"?
Delisting is a planned removal with advance warning; a rug pull is an abrupt shutdown with no warning stage.