💵 How not to get on honeypot?
Friends, imagine: a new coin, the chart is flying upwards, promises of golden mountains...
You are ready to invest, but stop! You might be facing a cunning honeypot — a trap designed to fool gullible investors.
📥 How does this scheme work?
• Tempting Bait. Scammers clone popular coins or create one-day projects with unrealistic promises of profits. They have a perpetually rising chart with no drawdowns.
• Smart contract with a secret. The code contains a mechanism that allows fraudsters to block the sale of tokens after purchase. The money gets trapped!
• Disappearance. Once scammers accumulate enough funds, they disappear, leaving investors with nothing.
🔖 Signs of honeypot:
• Closed source smart contract.
• Anonymous development team.
• Social media with fake followers and aggressive marketing.
• Promises of super big returns too good to be true.
📑 How not to get caught?
• Check the project and its creators thoroughly, you can do it here.
• Check the source code of the smart contract (if it is open source).
• Don't trust quick and easy money.
❕ Remember: in the world of cryptocurrencies it is important to keep a cool head and carefully check the information. Safety first 🔥