{"id":85625,"date":"2025-08-01T13:30:14","date_gmt":"2025-08-01T13:30:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=85625"},"modified":"2025-08-01T13:30:14","modified_gmt":"2025-08-01T13:30:14","slug":"crypto-disaster-qubetics-token-crashes-nearly-100-possible-rug-pull","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=85625","title":{"rendered":"Crypto Disaster: Qubetics Token Crashes Nearly 100%\u2014Possible Rug Pull"},"content":{"rendered":"

A sudden crash in the TICS token has shaken confidence in Qubetics, the blockchain project that promised to bring together Bitcoin, Ethereum and Solana networks. Based on reports, the token plunged 97% after a failed airdrop launch<\/a>. Investors who hoped for quick gains were left scrambling to understand what went wrong on July 30 and 31.<\/p>\n

Technical Glitch Sparks Token Collapse<\/h2>\n

According to Qubetics\u2019 own statement, a \u201ccritical error\u201d hit the vesting contract during the live airdrop. The plan was to unlock 10% of tokens right away and then release 90% over the next 90 days at a rate of 1% per day.<\/p>\n

At first, TICS<\/a> surged 950% to hit $2.16. But once users saw far less than their expected share\u2014some got only 1% instead of 10%\u2014selling pressure kicked in hard. By the end of Thursday, the price had tumbled almost back to zero.<\/p>\n

The initial 10% of your $TICS<\/a> tokens has been successfully distributed. The remaining 90% will be released gradually, with 1% delivered daily over the next 90 days.<\/p>\n

To successfully interact with your TICS tokens, it is essential to add the Qubetics custom network to your wallet.\u2026 pic.twitter.com\/IR22LHAiXD<\/a><\/p>\n

\u2014 QUBETICS (@qubetics) July 31, 2025<\/a><\/p>\n

Within hours, community forums lit up with cries of foul play. Many wallets showed a fraction of what they should have received. Heavy sell-offs by early holders made matters worse. Based on reports, the token\u2019s crash was as much about panic selling as it was about the initial coding mistake.<\/p>\n

Community Accusations Grow Loud<\/h2>\n

Rumors swirled that presale investors once bought in at $0.33 per token, with promises of a 20% bump on listing day. Instead, TICS opened its trading at $0.19 on July 24 and then slipped to $0.06 within a week. Some users accused the team of holding back tokens, while others claimed insiders dumped large amounts on the market. On X, dozens of comments called Qubetics<\/a> \u201cscammers\u201d and accused the team of a \u201crug-pull.\u201d<\/p>\n

Team Promises Full Distribution<\/p>\n

In response, Qubetics said it will issue a full report on the mishap and ensure all eligible wallets get their full allocation. They stressed that the error came from Antier<\/a>, the outside firm handling smart contracts, not the core team. The announcement reaffirmed their commitment to build a layer-1 network that aggregates the Web3 ecosystem.<\/p>\n

Roadmap items include cross-chain bridges and on-chain governance tools. Even now, the team insists that long-term holders will see value once the tokens flow correctly and the network goes live. It\u2019s a big \u201cif\u201d for many investors, but Qubetics said it is sticking to its plan.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

A sudden crash in the TICS token has shaken confidence in Qubetics, the blockchain project that promised to bring together Bitcoin, Ethereum and Solana networks. Based on reports, the token plunged 97% after a failed airdrop launch. Investors who hoped for quick gains were left scrambling to understand what went wrong on July 30 and […]<\/p>\n","protected":false},"author":0,"featured_media":85626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85625"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85625"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85626"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}