Odds of rugpull are near 0. We’ve vetted their contract (actually aided in its launch) so that attack vector is the only one that exists and is quite low.
That said, this is a very internationally focused coin with a focus solely on TG pump groups like KittyCake
Also - their UI is based on KittyCake.app. They’re going for a clone of KittyCake’s 200x launch event.
Also - stay out if you want. I think this IDO has some potential and I’m willing to put some capital in personally to see it through. With all of these things being said, this is a step into the world of DeFi degenerates. Total gamble and speculation, little fundamentals.
At the end of the day, you put this well:
I'd say this IDO was still a pretty good success from CUB's perspective. $117,500 is a lot of liquidity for a product of this caliber. Even in the worst case scenario CUB was destroyed in this process, benefiting the ecosystem in that deflationary sense.
The IDO will definitely finish at 100%. I’m quite confident in people sitting on the sidelines waiting until it’s closer to fully committed. Regardless of everything, the amount of CUB that’s been burned since our launch is about to be doubled from one small IDO. I can’t begin to express my excitement for CUB in the long run ;)
RE: CAKEPOP DECLINED