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Biggest Scammer in Industry? This Wallet Launched More Than 2,000 Rugpulls

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While meme coins like $PEPE are on the rise, serial scammers like the one who launched more than 2,000 rugpulls will remain successful

It is unclear how much the wallet's owner has made from these rugpulls, but launching a meme token on the Ethereum network, along with providing liquidity, can cost around $800. With more than 2,000 rugs tied to this wallet, the potential profits are substantial.

However, it is crucial to note that it may be too early to label the wallet's owner a serial scammer. Some speculate that the wallet could be connected to a centralized exchange, in which case the owner may not be directly responsible for the rugpulls. The primary concern is that nearly every asset associated with the wallet has rugged, casting doubt on the legitimacy of the projects and the intentions of the wallet's owner.

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