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. The network shutdown itself is what triggers the label. 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. Because each case is different, Pluang shares further information about the removal process and the specific rug pull through the app once the details are confirmed. If you hold a coin that gets this label, check its label detail view and your in-app notifications for the latest case-specific updates rather than expecting a fixed outcome or timeline.

• The coin becomes untradeable immediately. As soon as the "Rug Pulled" label is applied, buying and selling stop and the coin is pulled from Home and Explore. There is no gradual wind-down as there is with a planned delisting.
• It is abrupt, with no warning stage. Unlike a delisting, a rug pull has no "Delisting Soon" countdown. The event is triggered by the network shutdown itself, so the label can appear without advance notice.
• Your existing balance stays visible. Any amount you held before the label was applied remains shown in your portfolio, even though the coin can no longer be traded and its network has been shut down.
• The trigger is a network shutdown on suspected fraud or failure. The label reflects a serious problem at the project or network level — suspected fraud or a failed project — not a routine business decision by Pluang.
• Pluang shares case information as it is confirmed. Because rug pulls are unpredictable, Pluang provides further detail on the removal process and the specific case through the app once facts are verified.
• Check the label and notifications for updates. The coin's label detail view and your in-app notifications are the authoritative places to follow what is happening with a specific rug pull case.

Related questions:

Q: Will I be notified if a coin I hold is rug pulled?
Because a rug pull is abrupt and has no advance-warning stage, there is no "Delisting Soon" countdown beforehand. What Pluang does is apply the "Rug Pulled" label and then share information about the specific case through the app once the details are confirmed. If you hold the coin, check its label detail view and your in-app notifications, which is where Pluang posts case-specific updates as they become available.

Q: Can I still sell a coin labeled "Rug Pulled"?
No. The coin becomes untradeable the moment the label is applied, so buying and selling both stop and the coin is removed from Home and Explore. This is different from a "Sell Paused" or "Trading Paused" status, which are temporary suspensions that can be lifted. A rug pull reflects that the coin's underlying network has been shut down, so normal 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 remains visible in your portfolio, so the position still shows up. However, the coin itself is untradeable and its underlying network has been shut down, which limits what can be done with it. Pluang shares case-specific information through the app as details are confirmed, so check the label detail view and your notifications for the latest on your specific situation.

Q: What's the difference between "Rug Pulled" and "Delisted"?
A delisting is a planned removal: it comes with an advance "Delisting Soon" warning, a confirmed removal date, and a window to sell or transfer. A rug pull is abrupt — it is triggered by the coin's network being shut down on suspected fraud or project failure, with no warning stage, and the coin becomes untradeable immediately. Delisting is orderly and scheduled; a rug pull is sudden and event-driven.

Q: Is a rug pull the same as the coin being a scam?
The label reflects that the coin's network was shut down due to suspected fraud or project failure — it is Pluang's status marker for that event, not a legal verdict on any individual or company. What matters for you as a holder is the practical effect: the coin is untradeable, its network is down, and your existing balance stays visible in your portfolio. Follow the label detail view and in-app notifications for confirmed case information.