The Unruggable Crypto: How Is It Linked With Crypto?
The word “unruggable” just means the opposite of “ruggable.”
People often lose money when they invest in new crypto projects. The only reason these projects are made is to gain the trust of the cryptocurrency community and get people to invest in them. Once there are enough funds in the pool, the developers just vanish into thin air. Rugpull is the process of developers using a smart contract with malicious code to steal the managed funds from a project.
Now, there is a word that is just as well-known but has a more positive meaning: “unruggable.” Unruggable Crypto refers to a project that can’t be hacked or that was made for a good reason. These kinds of projects stay on the market and get more attention and money as time goes on.
The word “The Unruggable Crypto” just gives people hope that some projects aren’t scams and that developers aren’t trying to do bad things. Now that we have a general idea of what the word “unruggable” means, we can also say that it is linked to some pretty big crypto projects. In the list below, we’ll look at well-known projects with the name “Unruggable.”
The Unruggable Crypto: The NFT Collection can’t be worn
NFTs have been around for a while, and even though interest has dropped since last year, they are still getting more and more popular. WGMI Unruggables is the name of a group of NFTs. This collection has 388 pieces of art that were made in December 2021, at the height of the NFT craze.
Unruggable NFTs were created on the Ethereum blockchain and can be bought on the OpenSea NFT market for a minimum of 0.08 ETH. This collection is mostly made up of pixelated phoenixes, and it tries to give the community hope again after a rug pull. Even though this project was well-known at first, its price went down a lot over time. Uruggable #82, which sold for 1 ETH, was the unruggable that sold for the most money.
The group of people working on the WGMI project is alive and well. Even though there aren’t that many people on Discord and Twitter, there is a lot going on there. The WGMI Unruggables NFT are still manufactured.
How do you know that The Unruggable Crypto are real?
Head and tail are the two sides of a coin, just like “Rug Pull” and “unruggable” are the two sides of a cryptocurrency coin. You have to be smart and always know what’s going on.
- There are many ways to keep your investments safe:
- Before selling or buying, make sure to check all the contract information, as both the contracts and the blockchain are public information.
- Be active on Facebook, Twitter, and all the other social media sites.
- Before making a decision, you should always check the facts, and you shouldn’t blindly believe what you read on social media.
- Don’t rely on what other people say; do your own research to find out what you need to know.
- You should only put down the amount that you can afford, and no more.
- Ask the questions whenever you aren’t sure what to do.
The Unruggable Crypto: The Podcast
Another group, a podcast, was called “The Unruggable Podcast.” This project mostly talks about some of the most important parts of crypto, like DeFi, Blockchain, NFTs, Web3, AI, and, of course, crypto. The podcasts are really helpful and only talk about things that need to be talked about. Also, the talks are about certain topics, and the people who talk are experts in those topics without making a fuss. Based on the quality of the content they offer, this podcast does not have many followers on Twitter, YouTube, or Instagram. Still, the community does pretty well on other platforms that serve podcasts, like Spotify. Moishe Kaufman started the podcast. He is a public speaker and a big fan of blockchain technology, which is a new kind of technology.
The Ungurrable podcast has great information for people who might be losing hope in crypto or have been scammed, as well as for anyone who wants to know what’s going on in the crypto industry and stay up to date.
The Unruggable Crypto: The Bottom Line
The Unruggable Crypto shows that not every project will lead to failure and that not all developers are bad. Many projects that are doing well are trying to solve a problem in the real world, and people who invest early and believe in the project are seeing the benefits of their money and faith. Rugpull is still a big name in the crypto industry, though. Millions of dollars have already been stolen by projects like Squid Game, leaving the community in a very bad place. Before making an investment decision, it is always smart to do a lot of research and analysis.
