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What is Rug Pull and how is it related to scam?
An abrupt removal of the token's liquidity by the project's developers is known as a "Rug Pull". It causes the asset's price to fall to zero, leaving investors to lose their funds. Rug Pull is one of the most popular ways of scamming in decentralized exchanges. 
Analysis of the scandalous pump on the Binance exchange
Let's talk about the recent SNM token pump on Binance, - the price skyrocketed by 1000% in 48 hours and then fell almost to its initial level. Many managed to buy the asset they had no idea about until recently. Under the pressure of FOMO, of course. 
