Rug.fun unveils meme coin investment game on Base network

Rug.fun
recently
launched
a
24-hour
game
that
immerses
investors
in
the
volatile
world
of
meme
coins.

The
two-phase
game
challenges
participants
to
create
or
invest
in

meme
coins
to
achieve
the
highest
or
lowest
liquidity.
When
the
timer
hits
zero,
coins
that
fall
anywhere
in
between
are
completely

rugged.

The
game’s
first
phase,
lasting
12
hours,
allows
players
to
create
or
buy
as
many
coins
as
they
wish.
However,
only
the
top
10
coins
will
proceed
to
the
second
phase,
with
all
other
investments
being
refunded.

In
the
subsequent
“race”
phase,
players
have
another
12
hours
to
ensure
their
coins
either
top
the
charts
or
hit
rock
bottom
in
liquidity.
Players
can
buy
or
swap
coins
to
achieve
this,
contributing
to
a
“rug
pool”
tax
added
to
the
prize
pool.

As
the
24-hour
countdown
concludes,
the
tokens
in
first
and
last
place
are
declared
winners,
claiming
the
entire
prize
pool,
including
the
accumulated
rug
pool
tax.
Tokens
that
do
not
fall
into
extreme
positions
are
rugged,
losing
all
liquidity
to
the
winners.

AIRDROP,
the
first
token
in
the
game,
was
created
by
the
Context
team
and
is
built
on
Coinbase’s
Ethereum
layer
2
network,

Base.
The
team
has
allowlisted
addresses
previously
rugged
by
other
tokens
and
NFT
projects,
such
as

BALD,
enabling
users
to
create
or
swap
tokens
in

Rug.fun.

At
the
time
of
writing,
the
game
is
in
the
race
phase,
with
AIRDROP
leading
by
a
substantial
margin
and
RUGDOTFUN
trailing
closely
behind
ninth
place
by
$300,000.
The
prize
pool
currently
stands
at
$260,000,
set
to
be
distributed
to
the
tokens
in
first
and
last
place.

The
new
game
emerges
in
a
cooler

crypto
market
where
developers
and
enthusiasts
employ
increasingly
audacious
strategies
to
drive
token
value.