This morning, SERAPH faced a significant market event known as a “rug pull.” Initially, the price of SERAPH surged dramatically, increasing by 120% to reach $0.6. However, this surge was short-lived, as the price subsequently fell sharply, plummeting by 84% to settle at $0.0936. Such volatility highlights the unpredictable nature of cryptocurrency markets and raises concerns among investors about the stability of certain assets.
