The Rug Index. Every week on Monday. Your crypto digest. The only newsletter you'll ever need.
So what is it?
The Rug Index is a rating system designed to assess the potential risk of a #cryptocurrency being a rug pull or no. It uses state-of-the-art collective and artificial intelligences to evaluate a number of factors that will determine how likely a project is to extract value from retail investors while failing to deliver on its promises.
The Rug Index assigns a score :
0-30 = Low rug potential (strong fundamentals, transparent development).
31-70 = High rug potential (massive red flags but not outright malicious).
71-90 = Very high rug potential (questionable practices, delays, insider profit-taking, Ansem is in).
91-100 = Extreme rug potential (strong evidence of a fast-motion exit scam).
How does the magic works?
We leverage @badmeme_coin Chaingraph in order to stack on data for mining. We then feed the blackbox with price action, market sentiment, onchain data and other variables such as:
- History of token and team.
- Roadmap and Deliverability.
- Price action.
- Token distribution.
- Network Fees and Usability.
- Decentralization.
- Competitive Landscape.
- Regulatory and Geopolitical.
- Technological debt.
- KOLs.
- Market making strategy, etc.
The system cook. We deliver on Monday.
Be prepared.