Rugged means you have been scammed.
Just as rug pull is used to mean “scam,” the Crypto users use rugged to mean “scammed.” This term is mostly used in social media and forums.
For example, buying an NFT but not actually receiving it, or a person investing in a cryptocurrency immediately after the creator of that cryptocurrency loses liquidity and the currency loses value. etc.
Both scenarios are examples of being rugged.
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