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2025-04-19
03:39
How to Identify Rug Pulls in NFT Markets Using Utility Metrics

According to @LeonidasNFT, a critical metric for evaluating whether an NFT mint was a rug pull involves analyzing what percentage of the funds have been reinvested to provide utility to token holders. If after a year, a minimal percentage of funds have been allocated to enhance holder benefits, it may indicate a potential extraction or rug pull scenario.

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