đš DON'T GET RUGGED - 6 Dead Giveaway Signs
1. Hype Over Substance If a project screams âTO THE MOONâ but their whitepaper reads like a napkin sketch, walk away. Big promises with no delivery? Classic rug pull bait.
2. Liquidity Isnât Locked Unlocked liquidity is like leaving the vault wide open for the devs to drain your funds. Use tools like Team Finance or Unicrypt to check. If itâs not locked, itâs a no-go.
3. A Few Wallets Hold It All When one or two wallets hold 50%+ of the tokens, itâs a ticking time bomb. One dump, and youâre left holding the bag. Etherscan and BscScan can reveal this instantly.
4. Anonymous Devs with Zero History Sure, Satoshi stayed anonymousâbut most great projects donât. If the devs canât even show their LinkedIn, what are they hiding?
5. Shady Contracts You buy, but you canât sell. Honeypot contracts are the scammerâs favorite trick. Use TokenSniffer before you put a single cent in.
6. Itâs Too Damn Rushed A project launches overnight with insane hype and zero groundwork? Thatâs a rug pull waiting to happen. Legit teams take time to build.
How to Outsmart the Scammers
- DYOR or Die (Financially): Always do your own research. Read, dig, ask questions. Lazy investors are easy prey.
- Small First Moves: Donât YOLO your life savings into a new coin. Test the waters with a small amount.
- Follow the Smart Money: Strong, organic community? Transparent devs? Those are green flags.
Crypto isnât for the faint of heart, but it rewards the smart. Spotting a rug pull is a survival skill, not an option. Be sharp, stay safe, and donât let anyone rob you of your gains.
Got your own rug pull horror story? Or maybe you dodged one? Letâs hear it in the comments. Follow @Professor Mende - Bonuz Ecosystem Founder for more tips and tricks. đđ„
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