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strong sell
SEND

SEND Rug Pull: 87% Crash in One Hour — Investor Warning

I just witnessed the meme token SEND suffer a catastrophic developer rug pull, wiping out liquidity and sending the price tumbling more than 87% in roughly an hour. As an investor watching on-chain activity, I saw the dev remove liquidity and dump tokens, triggering a swift crash that decimated market cap and community confidence.

This incident highlights the elevated scam and rug-pull risks tied to meme coins and unaudited tokens. From my perspective, the rapid plunge underscores why I prioritize on-chain checks, verified audits, and transparent developer activity before allocating capital to speculative tokens.

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AI Analysis

The reported rug pull on SEND appears to be the result of developer-controlled liquidity being removed and large token sales on-chain. Such actions typically drain the liquidity pool, making it imposs...

AI Recommendation

If you still hold SEND, my immediate stance is to assume capital recovery is unlikely and to prioritize cutting losses where possible. Attempting to trade in severely depleted liquidity pools can incu...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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