$PEPE $WIF How to avoid getting scammed while trading memecoins/sh*tcoins.
- Check to see if freeze authority is still enabled. If it is then the tokens can be frozen and prevented from trading in the future.
- Check the wallet distribution or who the top holders are with how much percent ownership.
- Check if the LP is locked. dont buy coins if the LP is unlocked.
- Always check the socials like telegram and X of the project and see how much hype it has got. Remember memecoins are all about the hype.
Be safe and always DYOR.