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Have you recovered money lost in rugpulls yet?

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by COINS NEWS 76 Views

In the 2021 bull run, a lot of us decided to take extra risks and get into projects that promised ridiculously high returns. A lot of them were shilled on YouTube and marketed as safe. In this case, I don't mean rugpull in the strictest sense, it can also be a token with really poor tokenomics (to the point that they inevitably lead to collapse, and the devs know it).

I checked my Metamask wallet, I had billions of one certain shitcoin, but the value was at 0$. It must have been rugged some time ago while I didn't notice.

Also, in the late bull run, there were these projects that promised ridiculous staking rewards (like 2000% per year or even more) - for a example, TIME, OHM, etc. I got into one of them, but just like the rest, it collapsed too.

My biggest loss is from UST after it depegged, in hindsight I should have sold it but I kept holding it since there were chances of it recovering.

Thankfully I only invested a small amount of money into the riskiest projects, and it didn't take a long time to recover the losses. How about you? Any stories you wanna share?

submitted by /u/CalmProfit
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