Rug Pull (exit scam) explained in three sentences:
A Rug Pull (pulling the rug) is when a project team suddenly removes liquidity or dumps a large amount of tokens, leaving other holders with tokens that are nearly impossible to sell.
Locking or burning LP tokens and giving up contract permissions can only rule out some ways deployers might abuse the contract; they cannot prevent early holders from dumping their tokens on the secondary market.
Trying a very small buy and sell can serve as an initial check if the tokens sell normally, but it cannot eliminate the risk entirely.
$PEPE 0.0₅395(-2.95%)
#PEPE
Do not treat this as a basis for making transactions.
A Rug Pull (pulling the rug) is when a project team suddenly removes liquidity or dumps a large amount of tokens, leaving other holders with tokens that are nearly impossible to sell.
Locking or burning LP tokens and giving up contract permissions can only rule out some ways deployers might abuse the contract; they cannot prevent early holders from dumping their tokens on the secondary market.
Trying a very small buy and sell can serve as an initial check if the tokens sell normally, but it cannot eliminate the risk entirely.
$PEPE 0.0₅395(-2.95%)
#PEPE
Do not treat this as a basis for making transactions.