The money in the pool was drained overnight. What should you do with the tokens you’re holding?
First, what this means: if the contract retains the ability to mint more tokens, the project team can create a large number of tokens out of thin air and sell them.
Why this matters: LP locking depends on how much is locked and when the lock expires. If only a small portion is locked, or the lock expires soon, the protection it offers is limited.
The official website for $PEPE states that the LP has been burned and ownership of the contract has been renounced. These two points are often checked when assessing rug-pull risk. Currently 0.0₅499.
It’s best to invest only what you can afford to lose.
#PEPE
First, what this means: if the contract retains the ability to mint more tokens, the project team can create a large number of tokens out of thin air and sell them.
Why this matters: LP locking depends on how much is locked and when the lock expires. If only a small portion is locked, or the lock expires soon, the protection it offers is limited.
The official website for $PEPE states that the LP has been burned and ownership of the contract has been renounced. These two points are often checked when assessing rug-pull risk. Currently 0.0₅499.
It’s best to invest only what you can afford to lose.
#PEPE
