Dragoma on Polygon suffers rug pull, DMA price declines 99.8%

  • Blockchain security firms alerted Polygon network users of a rug pull on GameFi SocialFi application Dragoma. 
  • Dragoma DMA price suffered nearly 100% decline, while stolen funds were deposited into centralized exchanges. 
  • Analysts believe MATIC price will continue its steady climb to hit the $1 target. 

Dragoma on the Polygon Network was hit by a rug pull, leaving DMA holders in a fix. DMA price declined 99.8% since the incident. MATIC’s climb to its $1 target remained unaffected by the event.

Also read: These bullish updates could push MATIC to $1, argue analysts

Rug pull on Dragoma, DMA plummets 99.8%

PeckShield, a blockchain security firm, identified a rug pull on a game in the Polygon Network, Dragoma. Dragoma’s website shut down, social media accounts have been deleted, and stolen funds have been deposited to centralized exchanges. 

Dragoma’s token DMA was listed on MEXC, a crypto exchange, on August 7. DMA price dropped 99.8% as the project was rugged. 

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