ARTSKY LABS – Friendsies NFT Collection Deletes Twitter After ‘Pause’ Announcement Spurs Rug Pull Accusations

The Friendsies NFT Collection has deleted its Twitter account after announcing a “pause” in activity, sparking accusations of a rug pull.

The Friendsies NFT Collection, a popular non-fungible token (NFT) project, has deleted its Twitter account after announcing a “pause” in activity. The move sparked accusations of a rug pull, as the project had recently launched a new NFT series and was offering rewards to those who purchased and held the tokens.

The project had been gaining popularity in recent weeks, as the NFT market has been booming. But on Monday, the project announced that it was “pausing” its activity, citing “technical issues” and “challenges” with its platform.

The announcement came shortly after the project had launched its latest NFT series, which was offering rewards to those who purchased and held the tokens. This led to speculation that the project was attempting to “rug pull” investors by deleting its Twitter account and ceasing activity.

Rug pulling is a term used to describe when a project suddenly stops activity and disappears, leaving investors holding worthless tokens.

The Friendsies NFT Collection has not responded to requests for comment on the accusations. However, the project’s website is still live and the tokens can still be traded on secondary markets.

It remains to be seen what the future holds for the Friendsies NFT Collection. But for now, investors are left with unanswered questions and a lack of clarity on the project’s future.