#Memecoins🤑🤑
⚠️ How to evaluate a coin by yourself?
1. Check on CoinGecko/CoinMarketCap: markets, liquidity, liquidators.
2. Go to the project’s website: check the whitepaper, the team (if the developers are public), whether there is public code.
3. Use tools like Rug Sniffer, Token Sniffer, check for rug-pull or honeypot schemes.
4. Be skeptical of projects without clear utility — meme coins often lose 90% of their value suddenly due to social media changes.
‼️ Main risks:
➡️ The most common threat in new tokens is pump-and-dump. According to Chainalysis research, about 25% of new tokens are short-lived fraudulent publications with quick dumps.
➡️ If the project lacks real utility, a roadmap, a transparent team, or documentation — that’s a red flag.