Let me share a detour I took myself: I just didn’t figure this out back then.
If the contract isn’t open source, the issuer is anonymous, and they hold a large amount of tokens before launch, those are all common warning signs.
Many Rug Pulls happen not long after a token is issued; the newer the token, the more cautious you need to be.
$PEPE The official website clearly states that the LP has been destroyed and the contract ownership has been renounced; these two points are often used to compare against Rug Pull risk.
In what situation did everyone figure this out?
#PEPE
If the contract isn’t open source, the issuer is anonymous, and they hold a large amount of tokens before launch, those are all common warning signs.
Many Rug Pulls happen not long after a token is issued; the newer the token, the more cautious you need to be.
$PEPE The official website clearly states that the LP has been destroyed and the contract ownership has been renounced; these two points are often used to compare against Rug Pull risk.
In what situation did everyone figure this out?
#PEPE