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The Cow project just announced a hard drive airdrop—it's actually a classic rug pull. This happened so quickly. The project team ran off with the funds directly, and investors' holdings were wiped out instantly. Although such incidents are not uncommon in the market, each one sparks considerable discussion. A reminder to everyone: be sure to conduct thorough due diligence before participating in early-stage projects, paying attention to the development team's background, code audit reports, liquidity locking, and other fundamentals. This incident once again proves how important it is to stay vigilant in the crypto market.
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Cow this time directly exposed everything, even hard drive airdrops can be used as a rug pull excuse?
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Early projects were really just gambling. I was also caught off guard before, now I just pass on this kind of thing.
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No liquidity lockup, yet they still dare to raise funds. Serves them right.
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Every time they say they will do due diligence, but still some people rush in. This happens every day.