Knowledge Notes | Rug Pull (Exit Scam)
① A contract that isn’t open-source, an anonymous issuer, and concentrated holdings before launch are all common warning signs.
② A Rug Pull (commonly called an exit scam) is when a token issuer suddenly withdraws liquidity or sells off a large amount, making it nearly impossible for other holders to sell their tokens.
③ Trying a buy and sell with a very small amount first can serve as an initial check. Even if you can sell normally, it cannot completely eliminate the risk.
$PEPE 0.0₅439（-13.24%）
① A contract that isn’t open-source, an anonymous issuer, and concentrated holdings before launch are all common warning signs.
② A Rug Pull (commonly called an exit scam) is when a token issuer suddenly withdraws liquidity or sells off a large amount, making it nearly impossible for other holders to sell their tokens.
③ Trying a buy and sell with a very small amount first can serve as an initial check. Even if you can sell normally, it cannot completely eliminate the risk.
$PEPE 0.0₅439（-13.24%）