Dan Romero
@dwr.eth
What happened to Jump? I’ll send $10 in USDC to the best answer.
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Abbas🎩👾
@abbass.eth
The Jump coin on the @base chain faced significant issues due to its involvement in a surge of meme coin activities. These types of coins often experience high volatility and can be prone to scams. In the case of Jump, users reported that it was essentially a "rug pull," meaning the liquidity was pulled out, leaving investors with worthless tokens. Additionally, the coin implemented a 100% tax on transactions, effectively making it impossible to sell.
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Abbas🎩👾
@abbass.eth
The issues with the Jump coin on the Base chain occurred in late July to early August 2023, coinciding with a general surge in meme coin activity on the Base blockchain. If this is the correct answer, I'll exchange my $10 for a follow and an "okay banger." 👉👈 😂😂
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