Steer clear of investing in meme coins. If you’ve got spare cash you’re okay with losing, feel free to trade them—but don’t treat them like a serious investment.
How do you spot a sketchy meme coin? It’s straightforward: run through these questions about the coin you’re eyeing:
• Is there a lobbyist pushing it?
• Does a living person or entity hold more than 10% of the total supply?
• Can a handful of developers tweak the code at will?
• Are you seeing a flood of social influencers—paid promoters or bots—hyping it all at once?
• Are there random price jumps with no real news behind them?
• Are you getting unsolicited private messages about the coin?
• Are people pitching it as “no risk” left and right?
• Is there sudden viral buzz after months of silence?
If more than one of these rings true, that coin’s a rug pull waiting to happen.
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