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Home » Examining the recent Shibarium rug pull on BNB chain – AMBCrypto News

Examining the recent Shibarium rug pull on BNB chain – AMBCrypto News

Examining the recent Shibarium rug pull on BNB chain – AMBCrypto News

Shibarium rug pull raised security concerns across various networks. Binance Smart Chain (BSC) and BNB continued to witness a decline in interest and activity. In the volatile world of memecoins, rug pulls have become an all-too-familiar nightmare for investors. The recent Shibarium rug pull on the Binance Smart Chain (BSC) serves as a stark reminder of the risks in the meme cryptocurrency sector.Realistic or not, here’s SHIB’s market cap in BTC’s termsThings go wrongThe Shibarium rugpull, as revealed by Aegis3’s data, unfolded when an address known as 0x7FE7D9…FE3f1323 executed a massive minting of Shibarium tokens that far exceeded the total supply.… 

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