Thursday, September 29

Metaswap Gas Shows No Sign Of Life: Experts Link MGAS Price Drop To “Rug Pull” By CoinTelegraph

© Reuters. Metaswap Gas shows no signs of life: experts link MGAS price drop to “rug pull”

Blockchain security firm PeckShield alerted investors to a possible rug pull after identifying a massive 46.99% price drop for MetaSwap’s MGAS token. The MetaSwap protocol allows exchanging non-fungible tokens (NFTs) on the blockchains, Binance, and Polygon.

Following the unexpected price drop, all official accounts linked to Metaswap Gas (including Twitter (NYSE :), Instagram and Medium) were removed, supporting PeckShield’s claim that it was a slap on the wrist.

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