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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.

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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.

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.

DeFi social media was abuzz with discussion of this, and the incredible APYs on offer.

Glimpse of the mouthwatering APYs!

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

Current price of Titan: 1.02 USDT

Mark Cuba's blog post explaining how he decided to farm Iron/Titan.

Cuban, a billionaire, could easily stomach whatever loss he had out of this.

Those who took loans to buy this at $50, can they?

Updates:

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.

And the rug pull is complete!

The team calls it a "bank run". Lol.

Mark Cuban Michal Cuban says "he was also affected but got out". Hmm wonder what that means

submitted by /u/DetroitMotorShow
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