No, Dogecoin can’t be “rug pulled at any moment.”

While I understand that this sub has a strong bias against Dogecoin, deliberate spread of misinformation should be against the sub rules.

This thread is a deliberately misleading attack on Dogecoin, very obviously by someone who wants it to lose value: https://www.reddit.com/r/CryptoCurrency/comments/s798gh/doge_has_a_single_wallet_with_more_than_2317_of/

The giant boogeyman wallet is most likely held by Robinhood as a custodian for its customers: https://np.reddit.com/r/CryptoCurrency/comments/r0is9v/top_doge_wallets_owning_30_of_doge_confirmed_to/

That's not a single person, that's an exchange holding it for customers. This isn't a super massive "rug pull" concern – pretty much every cryptocurrency has large amounts of its top wallets held by exchanges.

A "rug pull" involves a deliberate scam where a new token gets created with the intention of taking money from users. The founders / influencers that were paid off have a ton of a token, and deliberately remove liquidity from a liquidity pool and disappear.

Neither myself or Jackson hold much dogecoin (Jackson has none, I have about 220k). We can't "rug" dogecoin. Dogecoin is also 8 years old. Rug pulls happen from new tokens. Any crypto can crash, and pretty much every single one has multiple times in their lifetimes. A crash is not a rug pull. The risk of a crash is in the entire cryptocurrency space you signed up for.

You don't have to like Dogecoin or want it to succeed, but deliberately spreading misinformation for the purposes of farming moons or harming the cryptocurrency price and hopping on the misinformation bandwagon should be a shameful endeavor.