Blockchain security firm PeckShield revealed on February 25 that developers behind Ariva Digital ($ARV) have withdrawn the Token from the staking contract and swapped it to 1,700 WBNB.
After the rug pull, ARV token’s prices plummeted from highs of $0.00035 to under $0.000083, an extreme drop.
$ARV has been produced for active use in global and local tourism and travel networks in the near future. Project is a worldwide B2C travel & tourism network where members can meet with global and local tourism service providers in the light of previous travelers’ experiences and shares, make bookings with Cryptocurrency and earn crypto money from both their reservations and valuable content sharing.
Ariva was produced to eliminate the expensive costs of international high-volume money transfers and the Swift transaction complexity in tourism and travel transactions, which are among one of the highest volume industries in the world economy. $ARV is the tourism cryptocurrency of the near future that can be spent safely in every country of the world from its crypto money wallet, eliminating the need to carry cash or debit cards.
According to reports, rug pull stole over $2.8 billion from investors in 2021. During the year, it accounted for 37% of all scam revenue, compared to just 1% in 2020.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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