Fancy creating your individual meme cash and getting rugged? This may be the sport for you.
Rug.enjoyable is a two-phased 24 hour sport which sees buyers try and create and purchase into the very best and lowest liquidity meme cash. Anyplace in between when the timer hits zero? Then you definitely’re getting rugged.
That is as degenerate because it sounds. Within the first 12-hour part of the sport, gamers are capable of create or purchase as many cash as they’d like. However solely the highest 10 cash will transfer into the second web page, with all different tokens being refunded.
Within the second part, known as the race, buyers have 12 hours to make sure their luggage are among the many highest or lowest liquidity tokens within the sport. To take action, gamers should buy or swap cash with an incrementally rising “rug pool” tax which shall be added to the prize pool.
As soon as the 24 hour timer ticks all the way down to zero, the tokens in first and final place win. Each “midwit” token in between is solely rugged, with their liquidity going to the winners of the sport together with the rug pool tax.
this is the way you play rug dot enjoyable pic.twitter.com/FnPdkpEeaQ
— rug dot enjoyable (@rugdotfun) Might 9, 2024
By the creators of Mint.enjoyable, an NFT discovery web site that was simply acquired by Zora, the Context group created AIRDROP as the sport’s first token. The group has allowlisted addresses which had been rugged by earlier tokens and NFT tasks (corresponding to BALD). This token can be utilized to create or swap tokens in Rug.enjoyable.
Constructed on Coinbase’s Ethereum layer-2 community Base, the primary sport is at present within the race part. On the time of writing, AIRDROP is first with a multi-million greenback lead whereas RUGDOTFUN is final, solely $300,000 behind ninth place.
Because it stands, there may be $260,000 within the prize pool which shall be distributed to the tokens in first and final place.
This comes amid a cooler crypto market with devs and degens turning to surprising new techniques to pump tokens. We’ve lately seen LiveMom carry out degrading acts if her son’s meme coin reached a sure market cap, whereas one other dev promised he couldn’t rug pull as a result of having no palms… he did have palms, and he did rug pull.