🚨 Urgent Warning: Fake Meme Coin Named Eric Trump Rises 6200%... But It’s a Scam Trap!
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The Solana network has witnessed the launch of a fake meme coin named Eric Trump, which surged by 6200% in a short time, attracting thousands of investors eager for quick profits.
However, a report from Bubblemaps revealed the shocking truth:
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Serious Facts:
• Wallets linked to "developers" have been traced, revealing a recurring pattern of similar scams.
• There has been significant internal control over distribution, meaning the team can suddenly dump the coin and steal liquidity.
• The report described the project as a "rug in the making" – a scam in progress.
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Why is this an important warning?
• Using the name of a public political figure may mislead investors into believing the project is legitimate or officially supported.
• The rapid growth of 6200% is not an indicator of success but is often part of a Pump & Dump scam.
• Bubblemaps has an accurate record in tracking fraudulent activities across blockchain chains.
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Advice:
Do not invest in untrustworthy projects or those lacking transparency. Always seek out information sources and avoid coins that rely solely on media hype.
Have you ever fallen victim to a fraudulent meme coin? Share your experience!
