Is drip a rug pull? (2024)

Is drip a rug pull?

I looked into some of these but decided against risking any of my money in them. DRIP is different. You are essentially locking your deposit into the DRIP Faucet, and getting it back at 1% per day for 365 days/365%. It's not possible to rug-pull because liquidity is locked and paid back at 1% per day.

(Video) DRIP NETWORK ANIMAL FARM EXIT SCAM RUG PULL
(Nakamoto Crypto)

Is drip coin a good investment?

So yes we can say DRIP is a great investment, in fact I would say fantastic! Granted, some of the large gains have come from team building which we will discuss briefly below. But I have to say, this investment has exceeded all my expectations and it's only going to get better!

(Video) SCAM! MY DRIP NETWORK ACCOUNT DOWN 60% SLOW RUG PULL
(Nakamoto Crypto)

Is drip community a pyramid scheme?

Deposit your 100 DRIP and get 1 DRIP back every day till the end of the year. And, unlike a pyramid scam, the levels for each participant are capped at 15. And the 10% of deposits are distributed so that everyone up the chain benefits.

(Video) Why I Am Sticking With Drip | Sick Of Rug Pulls?!?
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Is drip crypto sustainable?

Short answer is “yes.” Written by: SK CryptoK, and edited by Cryptozoa. Many questions get asked regarding the sustainability of DRIP.

(Video) The Drip Network/Monopoly Money Rug Pull - Plus the Free Drip Winner Is Announced!
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What is drip coin?

Drip Network (DRIP) is “the first-ever deflationary daily ROI platform” that offers a daily return on investment. Its DRIP token is a BEP-20 token on Binance Smart Chain (BSC) that promises investors 1% daily returns on their investment for up to 365% of their principal. Rewards come from a 10% tax on all transactions.

(Video) The Crypto DRIP Is It A Rug-Pull?
(BUILD show)

How high will drips?

Based on our forecasts, a long-term increase is expected, the "DRIP" stock price prognosis for 2027-07-26 is 34.434 USD. With a 5-year investment, the revenue is expected to be around +94.87%. Your current $100 investment may be up to $194.87 in 2027.

(Video) StableFund | RUG PULL ALERT!!!
(Drew Wolfer)

How long will the DRIP network last?

DRIP Network is not sustainable for Growth

Based on the data, I feel DRIP will sustain for more than 2 years due to its strong community and development team.

(Video) Drip community elephant money rug pull or exploit
(Drip Farming 4 Poverty)

Who is the founder of drip network?

Aditya Sakhuja - Founder - DRIP | LinkedIn.

(Video) Golden Goose Is Dead - Rug Pull - Long Live The Drip King
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How does the drip network work?

What is the Drip Network? The Drip network, based on the Drip Token, is a community/investment that pays you back 1% of your investment every day up to 365% each year.

(Video) Is Drip a scam or is USD a Scam? Which one will rug pull first? The REAL TRUTH
(Drip Farming 4 Poverty)

Will drip coin go back up?

DRIP Coin Price Prediction: DRIP Coin Outlook Worsens, 2022 Price Prediction is $52.73. DRIP Coin Price Prediction: The current Momentum of the DRIP Coin is Bearish. The Current Outlook is Negative (Positive: 0% Negative: 100%). The latest DRIP Coin price is $45.75 which is 3.98% lower than 24 hours ago.

(Video) WAS SPLASSIVE SCAMMED BY THE DRIP NETWORK DEV? BEST EXIT SCAM RUG PULL OF 2022
(Nakamoto Crypto)

How does drip network make money?

What is Drip Network Crypto (DRIP) | Everything You Need To Know

(Video) Did Splassive Just Rug Pull?
(Pay Me In Bitcoin)

Why is drip crypto going down?

The general agreement in the Cryptozoa Drip Community seems to be that the dip is primarily caused by the selling of DRIP to participate in The Manor Farm debut. The Manor Farm is part 1 of a 2 step system designed to decouple the price of DRIP from the price of BNB.

Is drip a rug pull? (2024)

How long has drip crypto been around?

Yes, DRIP launched in April of 2021, but the 1% is paid out daily, so you can claim whenever you want. I'm mostly just compounding at the moment but I've claimed and sold some DRIP to buy other crypto tokens already.

Can you make money from drip network?

DRIP is a crypto token operating on the Binance Smart Chain. The DRIP Faucet is a smart contract that pays out 1% per day for 365 days on DRIP that has been staked to the contract. Every new deposit or when compounding earnings, also earns this 365% paid out at 1% per day.

Why is drip crypto price going down?

The general agreement in the Cryptozoa Drip Community seems to be that the dip is primarily caused by the selling of DRIP to participate in The Manor Farm debut. The Manor Farm is part 1 of a 2 step system designed to decouple the price of DRIP from the price of BNB.

Who is the founder of drip network?

Aditya Sakhuja - Founder - DRIP | LinkedIn.

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