The Ordinal DEX (ORDEX) token plummeted to zero in under an hour due to a rug pull, with over $70,000 lost. PeckShield identified the scam, noting a swap of one quadrillion ORDEX for about $70,600 in Ethereum. This incident highlights the risks in the crypto market, especially with tokens of low market capitalization and high volatility. Investors are urged to verify ticker symbols and be cautious on decentralized exchanges.