🗒️ Meme｜Copycat tokens and coins with the same name
· What: The most reliable way to distinguish on-chain tokens is by their contract address. On Solana, this is called the Mint address.
· Why: Copycat tokens exploit the popularity of trending names. After people buy the wrong token, scammers may withdraw liquidity or sell off their holdings, and victims often find it very difficult to recover their funds.
· Reminder: Checking only the first and last few characters of an address isn’t enough. A fake address may be deliberately designed to have the same beginning and ending as the real one.
$DOGE 0.07442（-1.57%）
DYOR, trade rationally.
· What: The most reliable way to distinguish on-chain tokens is by their contract address. On Solana, this is called the Mint address.
· Why: Copycat tokens exploit the popularity of trending names. After people buy the wrong token, scammers may withdraw liquidity or sell off their holdings, and victims often find it very difficult to recover their funds.
· Reminder: Checking only the first and last few characters of an address isn’t enough. A fake address may be deliberately designed to have the same beginning and ending as the real one.
$DOGE 0.07442（-1.57%）
DYOR, trade rationally.
