BREAKING 🚨
The Xeetby memecoin team has rugged after only six days of trying.
The X account is gone, and they exited their position on the token.
Looks like they bought around $500 worth when they launched and sold for about $1,500 when they xeeted.
As sad as this makes me feel, it does bring up some questions:
Is this bad, or is this how it should be?
Teams do have investments to make when launching — if their product flops, does that mean they have to stay forever?
Did this bring any positive attention to Xeet or myself?
Is anyone mad? Was my disclaimer clear enough?
15.35K
35
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.