What is a rug pull?
An unaudited contract, an anonymous issuer, and large token holdings before launch are all common red flags.
If the contract still has minting permissions, the deployer can mint a large number of tokens at any time and sell them.
When managing your positions, the most important thing to check before buying a newly launched meme coin is whether the contract allows more tokens to be minted and whether the LP is locked or burned.
$PEPE 0.0₅407 (+0.74%)
#PEPE
An unaudited contract, an anonymous issuer, and large token holdings before launch are all common red flags.
If the contract still has minting permissions, the deployer can mint a large number of tokens at any time and sell them.
When managing your positions, the most important thing to check before buying a newly launched meme coin is whether the contract allows more tokens to be minted and whether the LP is locked or burned.
$PEPE 0.0₅407 (+0.74%)
#PEPE