A token ran to $2,860 and not one holder could sell it.
That is not the crash story. That IS the story.
October 20 to November 1, 2021. SQUID launches on BNB Smart Chain and prints a chart people still screenshot.
The contract had an anti-dump mechanism. Sounds responsible. Sounds like a team that cares about your bags.
Here is what it actually did. To sell, you needed a second token called MARBLES. MARBLES came from a gaming platform. The gaming platform did not exist.
So the buy button worked fine. The sell button was decoration 🫥
Developers held full control of the liquidity pool the entire time. $3.3 million left with them. Price to zero in minutes.
The lesson is not "avoid meme coins". Everyone says that, nobody listens, we all keep buying.
The narrow lesson, the one that saves money: every feature that restricts selling is a rug in a safety vest. Anti-dump. Anti-whale. Cooldown. Reflection tax.
Read the sell path before you read the roadmap)
If you cannot exit it, you never owned it.
That is not the crash story. That IS the story.
October 20 to November 1, 2021. SQUID launches on BNB Smart Chain and prints a chart people still screenshot.
The contract had an anti-dump mechanism. Sounds responsible. Sounds like a team that cares about your bags.
Here is what it actually did. To sell, you needed a second token called MARBLES. MARBLES came from a gaming platform. The gaming platform did not exist.
So the buy button worked fine. The sell button was decoration 🫥
Developers held full control of the liquidity pool the entire time. $3.3 million left with them. Price to zero in minutes.
The lesson is not "avoid meme coins". Everyone says that, nobody listens, we all keep buying.
The narrow lesson, the one that saves money: every feature that restricts selling is a rug in a safety vest. Anti-dump. Anti-whale. Cooldown. Reflection tax.
Read the sell path before you read the roadmap)
If you cannot exit it, you never owned it.