How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
Countless numbers, perhaps we don't just know and notice of their leaving/exit scam.
At this time, we could not sure which one is trustworthy among these new projects. Many of them look promising but later on, they will turn scam like Luna. This is the reason why we should be smart in choosing projects to invest, putting some guideline is very helpful,
- must have a backup exchange/platform
- govern with strong and reputable team members
- high liquidity