Plain-word explainers on the risks behind new memecoins: honeypots, rugs, sell taxes, sniper bots and more.
Find the wallet that deployed a token, list its earlier launches, trace who funded it, and spot the patterns of a serial rugger. Step by step, any chain.
A token's top traders are the wallets that made the most from trading it. How to find them, calculate realised profit, and spot insiders before you copy.
Most call records are highlight reels. Check the timestamps, measure from the call, find the dead calls, and redo the math from your own entry.
Anyone can copy a coin's name and ticker. How to find the real contract address, the tells that give a copycat away, and the check that settles it.
A honeypot token lets you buy but blocks your sell. How the trap works inside the contract, and the 5 on-chain checks that catch one before you buy.
A rug pull is when the people behind a token take the buyers' money and leave. The four types, the on-chain tell for each, and what to check first.
Fake smart money wallets show real profit you can't copy: insiders, bundles, wash trades and staged records. Five on-chain checks to catch them.
Locked liquidity comes back to the dev on a date, burned never does. How LP tokens work, the lock traps, and what neither one protects you from.
Realised PnL is profit banked by selling. Unrealised is a bag priced at a level it may never sell at. How price impact shrinks paper gains, with the math.
Random tokens you never bought are airdrop spam. Why they show up, why holding them is harmless, and the one move that turns them into a drained wallet.
Sniper bots buy a new token in its launch block, before any human can. How they work, what their bags do to your entry, and how to check for them.
Renounced ownership means the token's owner gave up admin control. What it locks, the 4 gaps it leaves open, and how to verify a renounce yourself.
A bundled launch is the team buying its own coin through many wallets in the launch block. How much it hides, how it sells, and how to check for it.
A sell tax is a fee the token contract takes when you sell. How it works, where the money goes, when it becomes a soft honeypot, and how to check it.
Price impact is how far your own trade moves the price. How to work out what you can really sell, why shown liquidity overstates it, and how to check.
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