
What unfolded yesterday as a Deep fake AI content on Kenyan token might just be the beginning of crypto ⚡ rug pull trend. All this is good & bad at the same time depending on how you choose to look at it. Good in the sense that it will market the crypto community locally; bad since it will be more of a scam & individual's will lose their money thus adding a bad reputation in the crypto industry. "rug pull" simply means cashing out on hype, in crypto world it works like this, "someone developes a token on a trendy topic or a big figure like a politician, use social media to hype & promote it, as more people buy the hype the price of the token goes up, now the engineers of this scheme dumps their token by selling everything at once, the price goes back to near zero since the token itself has no intrinsic value, this maximizes on their gain while everyone else loses". Cheers 🥂