Understanding the "RUG" vs "ALPHA" #Memecoin Comparison
This image showcases a side-by-side comparison of two memecoin projects on the @Solana Official blockchain via @Raydium , labeled "RUG" and "ALPHA" (a promising project).
RUG: Priced at $0.01319 (6.2795 $SOL ), with a liquid of $47K. The low market cap and minimal price suggest a project with little traction or value, often a red flag for rug pulls.
These are quick tips to determine if a memecoin project is promising or a scam; if you're interested, I can explain in more detail why this is the case.