Crypto Disaster: Qubetics Token Crashes Nearly 100%—Possible Rug Pull

Crypto Disaster: Qubetics Token Crashes Nearly 100%—Possible Rug Pull

A sudden crash has vibrated in the ingredients of the Qutuss confidence, which is the Blockchain project that promised to collect Bitcoin, Ethereum and Solana networks. Based on the reports, the distinctive symbol decreased by 97 % after a Air launch failed. Investors who hope to get quick gains were left scrambling to understand the error that occurred on July 30 and 31.

Technical defect shines the distinctive symbol

According to the Qusterics statement, hitting the “critical error” of the loophole during the AirDrop Live. The plan was to open 10 % of the symbols immediately and then edit 90 % over 90 days at a rate of 1 % a day.

in the beginning, Involuntary cramps 950 % rose to $ 2.16. But as soon as users see much lower than their expected share – some of them got only 1 % instead of 10 % – the pressure was severely pressed. By the end of Thursday, the price fell to zero.

Within hours, community forums lit up with wrong play screams. Many portfolios showed a small part of what they should have received. Heavy sales by the first pregnant women made things worse. Based on reports, the distinctive symbol crash was related to the sale of panic as much as it was about the initial coding error.

Society accusations are growing loudly

Rumors that bought investors have spread before buying once $ 0.33 per code, with 20 % promises on the day of insertion. Instead, TICS opened its trading at $ 0.19 on July 24, then fell to $ 0.06 in a week. Some users accused the team of retaining the symbols, while others claimed that the informed threw large sums in the market. On X, dozens of comments are called Quetic “The fraudsters” accused the team of a “rug”.

The team promises a full distribution

In response, Quetics said it would issue a full report on the accident and ensure that all the governor is qualified for its full customization. They confirmed that the error came from Anti –The external company deals with smart contracts, not the basic team. The advertisement reaffirmed their commitment to building the layer -1 B3 network.

The road map elements include the series bridges and governance tools on the chain. To date, the team insists that long -term holders will be valuable as soon as the symbols flow properly and that the network is going live. It is “so” for many investors, but Quetics said that she adheres to her plan.

Distinctive image from Unsplash, tradingvief chart

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