A friend was looking at some hyperevm tokens on dexscreener and he’s like no way this is real the chart looks great. He didn’t see any red flags, So he bought some.

But then BAM RUGGED.

Turns out they are using a burn function instead of burning it, it forcibly transfers all of the tokens to another address.

So you buy a legit looking coin, few min it just leaves your wallet snd goes back to dev. Dev sells makes small red candle and repeats.

Stay safe.

HyperLiquid.