How do rug pullers make the price rise by so much?

73 viewsEducation

How do rug pullers make the price rise by so much?

Whenever someone rug pulls, before they do it, they somehow always make the price rise to like 20k% in like 20 seconds. How?

Yohan Harsha Answered question September 16, 2024
0

One tactic is, that they will use their other wallets to buy the scam token, pumping the price up. On L2 they dont really loose anything this way, since tx costs are super low and they will get this money back when they remove liq. So then they wait for a victim to also buy in and execute the rug pull.

Yohan Harsha Answered question September 16, 2024
0