06-17-2021, 06:13 PM
Mark Cuban experiences his first rug pull! Titan crashed from $60 to $2. If you see
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/o1h95p/mark_cuban_experiences_his_first_rug_pull_titan/"> <img src="https://b.thumbs.redditmedia.com/WWezqny6kuLhAc13oPLuBLqbsvwJRTFdmcJOg8Xcfzw.jpg" alt="Mark Cuban experiences his first rug pull! Titan crashed from $60 to $2. If you see 50,000% APYs, you should to be doubting it's legitimacy, not aping in." title="Mark Cuban experiences his first rug pull! Titan crashed from $60 to $2. If you see 50,000% APYs, you should to be doubting it's legitimacy, not aping in." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>This project just launched few days ago and built up a huge TVL of over$2bn in a matter of just days and was being celebrated across defi universe, and got listed by a lot of DEX exchanges in a matter of days.</p> <p>DeFi social media was abuzz with discussion of this, and the incredible APYs on offer.</p> <p><a href="https://preview.redd.it/odhibipkbp571.jpg?width=1260&format=pjpg&auto=webp&s=c92a383732d8baeff6fbc776ae095267915845a4">Glimpse of the mouthwatering APYs! </a></p> <p>This screenshot was taken just few hours ago. Well, as luck would have it... this whole thing crashed and looks like a rug pull, the price has now gone down to below $2</p> <p><a href="https://preview.redd.it/ridi1pn0dp571.jpg?width=1334&format=pjpg&auto=webp&s=1a4884154db38fbd90605c4be4005d7963ece290">Current price of Titan: 1.02 USDT</a></p> <p>​</p> <p><a href="https://preview.redd.it/y4s9v6mpcp571.jpg?width=1242&format=pjpg&auto=webp&s=d6b615bd80aecd4e91a63a23d75d092f6758eef1">Mark Cuba's blog post explaining how he decided to farm Iron/Titan. </a></p> <p>Cuban, a billionaire, could easily stomach whatever loss he had out of this.</p> <p>​</p> <p><a href="https://preview.redd.it/w2fv561edp571.jpg?width=750&format=pjpg&auto=webp&s=ca42bfdf3723a84d977f2a684455ddec6afd5aa2">Those who took loans to buy this at $50, can they?</a></p> <h1>Updates:</h1> <p>This is an ongoing situation, and now, the price has crashed to $0.00017. Yup, from $60 to $0.00017 in about 4 hours. Absolute disaster.</p> <p><a href="https://preview.redd.it/mmtrwcdq1q571.jpg?width=1440&format=pjpg&auto=webp&s=0f2eb23975d4408528c2bfac9af19e9076cd1d2e">And the rug pull is complete!</a></p> <p>The team calls it a "bank run". Lol.</p> <p><del>Mark Cuban</del> Michal Cuban says "he was also affected but got out". Hmm wonder what that means</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DetroitMotorShow"> /u/DetroitMotorShow </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o1h95p/mark_cuban_experiences_his_first_rug_pull_titan/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o1h95p/mark_cuban_experiences_his_first_rug_pull_titan/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/o1h95p/mark_cuban_experiences_his_first_rug_pull_titan/"> <img src="https://b.thumbs.redditmedia.com/WWezqny6kuLhAc13oPLuBLqbsvwJRTFdmcJOg8Xcfzw.jpg" alt="Mark Cuban experiences his first rug pull! Titan crashed from $60 to $2. If you see 50,000% APYs, you should to be doubting it's legitimacy, not aping in." title="Mark Cuban experiences his first rug pull! Titan crashed from $60 to $2. If you see 50,000% APYs, you should to be doubting it's legitimacy, not aping in." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>This project just launched few days ago and built up a huge TVL of over$2bn in a matter of just days and was being celebrated across defi universe, and got listed by a lot of DEX exchanges in a matter of days.</p> <p>DeFi social media was abuzz with discussion of this, and the incredible APYs on offer.</p> <p><a href="https://preview.redd.it/odhibipkbp571.jpg?width=1260&format=pjpg&auto=webp&s=c92a383732d8baeff6fbc776ae095267915845a4">Glimpse of the mouthwatering APYs! </a></p> <p>This screenshot was taken just few hours ago. Well, as luck would have it... this whole thing crashed and looks like a rug pull, the price has now gone down to below $2</p> <p><a href="https://preview.redd.it/ridi1pn0dp571.jpg?width=1334&format=pjpg&auto=webp&s=1a4884154db38fbd90605c4be4005d7963ece290">Current price of Titan: 1.02 USDT</a></p> <p>​</p> <p><a href="https://preview.redd.it/y4s9v6mpcp571.jpg?width=1242&format=pjpg&auto=webp&s=d6b615bd80aecd4e91a63a23d75d092f6758eef1">Mark Cuba's blog post explaining how he decided to farm Iron/Titan. </a></p> <p>Cuban, a billionaire, could easily stomach whatever loss he had out of this.</p> <p>​</p> <p><a href="https://preview.redd.it/w2fv561edp571.jpg?width=750&format=pjpg&auto=webp&s=ca42bfdf3723a84d977f2a684455ddec6afd5aa2">Those who took loans to buy this at $50, can they?</a></p> <h1>Updates:</h1> <p>This is an ongoing situation, and now, the price has crashed to $0.00017. Yup, from $60 to $0.00017 in about 4 hours. Absolute disaster.</p> <p><a href="https://preview.redd.it/mmtrwcdq1q571.jpg?width=1440&format=pjpg&auto=webp&s=0f2eb23975d4408528c2bfac9af19e9076cd1d2e">And the rug pull is complete!</a></p> <p>The team calls it a "bank run". Lol.</p> <p><del>Mark Cuban</del> Michal Cuban says "he was also affected but got out". Hmm wonder what that means</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DetroitMotorShow"> /u/DetroitMotorShow </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o1h95p/mark_cuban_experiences_his_first_rug_pull_titan/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o1h95p/mark_cuban_experiences_his_first_rug_pull_titan/">[comments]</a></span> </td></tr></table>Kind Regards R
