A shit coin that is created to scam newbie investors does not have any dedication from their team to build up their project, certainly does not have good future.
Rug pull is expected to happen with scam projects and this spotted scam one actually made a rug pull.
Crypto Rug Pulls: What Are They & How to Avoid Them. This article on risk of rug pulls and tips to avoid them, is important for newbies in cryptocurrency market who want to get rich quickly, read and learn, then practice to save their money and do investment smarter.