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SAFEREUM Price Plummets More Than 95% After $1.2 Million Rug Pull

Published 10/24/2023, 04:48 PM
Updated 10/24/2023, 05:15 PM
SAFEREUM Price Plummets More Than 95% After $1.2 Million Rug Pull

  • ZachXBT shared that SAFEREUM was rug-pulled with more than 730 ETH.
  • One of the main promoters of the scam was cryptocurrency influencer ‘SlumDOGE Millionaire.
  • At press time, SAFEREUM was worth $0.0000007193 after its price plummeted by over 95% in the past day.

The past 24 hours have been rather gloomy for Safereum (SAFEREUM) investors after a seeming rug pull. ZachXBT, a “rug pull survivor” turned detective, shared in an X post yesterday that SAFEREUM was rug pulled with 730+ Ethereum (ETH), worth approximately $1.2 million.

ZachXBT also revealed in his post that the cryptocurrency influencer ‘ProTheDoge’ also known as “SlumDOGE Millionaire,” was one of the big players promoting the scam. The influencer is reportedly notorious for promoting rug pull tokens similar to SAFEREUM.

In some of his X posts from earlier this year, SlumDOGE Millionaire explained that he i…

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