Exposé: GPUNET – Another Web3 Rug in Disguise?

2025-06-07 13:37:20

The crypto community is in uproar after GPUNET’s token launch ends in disaster — with prices crashing over 80% and mounting evidence of insider manipulation.

Once hailed as a major release, GPUNET is now accused of a classic rug pull. Investors cite shady launch tactics, broken promises, and early supporters left with worthless tokens.

Price Dumped Immediately After Launch

Launched with $200K liquidity, the token crashed over 80% within hours. Analysts traced the dump to wallets tied to the team — pointing to a coordinated sell-off.

Presale Buyers Were Locked Out Presale participants waited a year but couldn’t bridge tokens until after launch — giving insiders time to dump before the public joined.

“We waited a year just to be exit liquidity,” one user said.

Years of Hype, Still Full of Bugs

Despite years of development, GPUNET’s DApp is buggy and barely functional, raising serious questions about the team’s capabilities.

More Tokens Unlocking Soon Team and VC tokens will unlock soon, fueling fears of more dumping. With no clear roadmap, many suspect this was a planned exit.

Community Speaks Out

“The Indian dev of GPUNET brutally rugged,” one user claimed, citing the dump and presale lockout.

Another warned:

“After LayerEdge scam, now GPUNET. Both Indian projects. Next time you see a founder from India, just run.”

The backlash reflects deeper issues in Web3 — where hype and lack of oversight leave room for repeated exploitation.

Final Warning

GPUNET shows the worst of crypto: no product, no communication, no accountability.

Avoid the project. Demand audits. Don’t be exit liquidity.

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