"The world of memecoins is exciting... but also a minefield! We all dreamt of a 1000x like with "$DOGE" or "$SHIB", but the reality is that most are high-risk projects.
I want to share with you 3 warning signs to identify a memecoin that could be a trap:
Unrealistic Promises and Extreme FOMO: If the marketing only talks about "getting rich quick" without a plan, be careful!
Locked or Nonexistent Liquidity: Does the team have total control over the money? This is a giant red flag.