TL;DR
CryptoPawCoin (CPRC) plummeted by approximately 90% in 24 hours, despite the broader crypto market’s bullish trend.
The newly-launched token spiked by nearly 700% in mid-October, but faced skepticism due to its low market cap and absence from CoinMarketCap.
CPRC claims to merge blockchain with animal welfare, aiming to support animal-related organizations. The recent price drop raises concerns about a potential “rug pull” scam.
Despite the ongoing bullish condition of the cryptocurrency market, some crypto assets are on a downfall. One of them, named CryptoPawCoin (CPRC), leads the pack, being approximately 90% down for the past 24 hours (per CoinGecko’s data).
The token, which saw the light of day earlier this month, made the headlines in mid-October when its price exploded by almost 700%. However, some might have doubted its legitimacy due to various reasons, including the fact that CoinMarketCap did not initially add it to its platform.
Moreover, the information a
We współpracy z: https://cryptopotato.com/this-cryptocurrency-plunges-by-90-rug-pull/
