What does “Rug Pull” mean?
An unaudited or closed-source contract, an anonymous team, and concentrated token holdings before launch are all common warning signs.
Locking or burning LP tokens and renouncing contract ownership can rule out some ways the deployer might manipulate the contract, but they can't prevent early holders from selling off large amounts on the secondary market.
The official website for $PEPE states that its LP tokens have been burned and contract ownership renounced. These two points are often cited when assessing Rug Pull risk.
#PEPE
An unaudited or closed-source contract, an anonymous team, and concentrated token holdings before launch are all common warning signs.
Locking or burning LP tokens and renouncing contract ownership can rule out some ways the deployer might manipulate the contract, but they can't prevent early holders from selling off large amounts on the secondary market.
The official website for $PEPE states that its LP tokens have been burned and contract ownership renounced. These two points are often cited when assessing Rug Pull risk.
#PEPE