Someone asked: What does “Rug Pull” mean?
My answer: If a contract retains the authority to mint more tokens, the deployer can create a large number of tokens out of thin air and sell them. Many Rug Pulls happen shortly after a token launches, so the newer the token, the more cautious you should be.
$PEPE 0.0₅514（+5.54%）
If you learned something, leave a comment. If you still have questions, keep asking in the comments.
Use this for reference only; invest at your own risk.
My answer: If a contract retains the authority to mint more tokens, the deployer can create a large number of tokens out of thin air and sell them. Many Rug Pulls happen shortly after a token launches, so the newer the token, the more cautious you should be.
$PEPE 0.0₅514（+5.54%）
If you learned something, leave a comment. If you still have questions, keep asking in the comments.
Use this for reference only; invest at your own risk.