The Tradoor token lost 90% of its value in just half an hour. Analysts think the project's developers deliberately went for a pump‑and‑dump scheme after the crypto winter. The coin launched last September on Binance Alpha, rallied nearly 5x, then dumped 79% in December. So the developers probably figured a rug pull was a better move than trying to deliver on their white paper promises. The project was supposed to be a decentralized Robinhood for DeFi, with multichain support and DAO governance.
From February 2026, the token started getting heavily pumped. The team held 86% of all tokens, with a total supply of only 60 million. Artificial scarcity, combined with wash trading, sent the crypto up nearly 1,000% in three months. In the end, the team dumped their own tokens, making millions with minimal upfront investment.
Granted, analysts at Cryptomus point to the project's low security score — 3.8 out of 10 from CertiK. It's possible the smart contract was hacked. But the concentration of 86% of tokens with the team looks a lot like what happened with MemeCore and RaveDAO recently. Blockchain analyst ZachXBT has already flagged similar manipulation — developers dumping tokens after an artificial pump. Centralized exchanges are now looking into these incidents.
TRADOOR Down 90%: A New Rug Pull Following MemeCore and RaveDAO?
byu/tornavec inCryptoCurrency
Posted by tornavec
1 Comment
Who the/Why the/How the fuck do people put money into shit like this every fucking year.