{"id":550672,"date":"2024-07-14T10:17:10","date_gmt":"2024-07-14T10:17:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=550672"},"modified":"2024-07-14T10:17:10","modified_gmt":"2024-07-14T10:17:10","slug":"landwolf-price-plunges-86-amid-rug-pull-worries-as-experts-say-this-new-base-ico-is-one-of-the-best-crypto-presales-to-buy-now","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/landwolf-price-plunges-86-amid-rug-pull-worries-as-experts-say-this-new-base-ico-is-one-of-the-best-crypto-presales-to-buy-now","title":{"rendered":"LandWolf Price Plunges 86% Amid Rug Pull Worries As Experts Say This New Base ICO Is One Of The Best Crypto Presales To Buy Now"},"content":{"rendered":"

The LandWolf price plunged by 86% over the last 24 hours to trade at <\/span>$0.000000000001137<\/span><\/a> as of 3:20 a.m. EST. <\/span><\/p>\n

This plunge comes after earlier warnings that the project could eventually face a rug pull. Crypto Rug Muncher on X said last month that the token has a significant centralization risk and that it appeared that at least the top 150 wallets are under the control of its development team.<\/span><\/p>\n

The developers had tried to obscure this centralization by spreading the supply in small amounts across these wallets, it added.<\/span><\/p>\n

“Be aware that if you are buying into this project, it is highly centralized, and the developers have attempted to hide this fact from the community,” Crypto Rug Muncher warned. <\/span><\/p>\n

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🚨 LandWolf – $WOLF<\/a> Analysis 🚨<\/p>\n

LandWolf – $WOLF<\/a>: There is a significant centralization risk with this project. It appears that at least the top 150 wallets are under the control of the developers, who have tried to obscure this by spreading the supply in small amounts across… pic.twitter.com\/pXGspH0w2C<\/a><\/p>\n

— Crypto Rug Muncher (@CryptoRugMunch) June 15, 2024<\/a><\/p><\/blockquote>\n