[ SLANG ][ CRYPTO ][ SCAM ][ NOUN ]
When the creators of a crypto project suddenly drain its liquidity or abandon it entirely after hyping it up, leaving holders with a worthless token β 'pulling the rug out' from under investors.
REAL-WORLD EXAMPLE
"The dev deleted the Discord and the website twenty minutes after launch β classic rug pull."
LORE & ORIGIN
A staple of the 2021 DeFi and NFT boom where anonymous teams could launch a project, drive up the price through marketing, then withdraw all funds and vanish β the term became the go-to shorthand for crypto scams of this exact shape, and remains the most-feared outcome in memecoin trading.
FIRST SEEN
2020
PEAK POPULARITY
2021 (DeFi Boom), ongoing in memecoin culture
CURRENT STATUS
Mainstream Gen Alpha Slang
EQUIVALENT CONCEPTS IN OTHER LANGUAGES
AURA IMPACT β
+20 AURA
TREND STATUS
β HIGH RISING FAST Β· HIGH
CULTURE CATEGORY
[ SLANG ][ CRYPTO ][ SCAM ][ NOUN ]
MENTIONS OVER TIME
2023202420252026
RELATED SEARCHES
>what is rug pull?>rug pull meaning?>rug pull examples?>rug pull vs pump.fun?>memecoin meaning?>pao lu meaning?>rug pull in chinese?>mochinige meaning?>rug pull in japanese?>reogeupul meaning?>rug pull in korean?
RELATED TOPICS
TOP PLATFORMS
TikTok
68%
YouTube
15%
Twitter / X
9%
Reddit
5%
Others
3%
WHEN DID YOU FIRST HEAR THIS?
CLICK AN OPTION BELOW TO CAST YOUR VOTE.
[ VOTE TO REVEAL COMMUNITY RESULTS ]