Rug Pulls Account for 54% of Crypto Scams

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 13 2026

XRP-0.287%

CC-0.39%

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Scam Type Analysis: According to the latest data from Web3 Antivirus, rug pulls account for 54% of all newly detected crypto scams, indicating that attackers continue to rely on seemingly legitimate token projects to execute scams, leading to locked or drained investor funds.
Evolving Scam Tactics: In addition to rug pulls, honeypots rank second at around 22%, with fake tokens and scam airdrops each accounting for about 12%, showcasing how evolving tactics enable scammers to more effectively lure unsuspecting investors.
Contract Mechanism Concealment: The effectiveness of rug pulls lies in their contract mechanisms appearing normal in the initial phases, with rising prices and trading volumes, until contract owners exercise hidden permissions that prevent user sales or drain liquidity, causing market collapses.
Changing Delivery Channels: Web3 Antivirus highlights that AI technology is altering how scams reach users, with 53% of scams delivered via email, 10% via SMS, 9% via social media, and 8% via online ads, reflecting the increasing diversity and concealment of scam methods.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.912	1.014	1.089	1.191	1.266	1.368	1.442
Fibonacci	1.014	1.082	1.124	1.191	1.259	1.3	1.368

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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