#MarketRebound

🧠 What Is a Rug Pull?

A rug pull is a type of exit scam in the cryptocurrency world. Developers launch a project, attract investor funds, and then abruptly withdraw all liquidity, abandoning the project and leaving investors with worthless tokens.arXiv+4CoinGecko+4CoinGecko+4

🚨 Common Warning Signs

Be cautious if you notice:

Unlocked Liquidity: Allows developers to withdraw funds at any time.

Irregular Token Distribution: A small number of wallets hold a large portion of tokens.

Lack of Audits: No third-party verification of the project's code.

Anonymous Team: Developers without verifiable identities or track records.

Sudden Price Spikes: Unexplained rapid increases in token value.

🛡️ How to Protect Yourself

Conduct Thorough Research: Investigate the project's team, whitepaper, and community presence.

Use Analytical Tools: Platforms like GeckoTerminal offer rug pull checkers and other analytics.

Verify Smart Contracts: Look for audits and read through the contract code if possible.

Avoid FOMO: Be wary of projects that heavily promote high returns or exclusive offers.

$

Are 90 of MEME COINS SCAM ???