Content
@
0 reply
0 recast
0 reaction
Tim
@cryptim.eth
❗️PSA❗️ Do not buy tokens launched on belief unless you’re ok with losing money If you’ve ever used pump fun you know a lot of devs will pop up looking to drain liquidity from noobs. One sophisticated approach is they’ll bundle a bunch of tokens into 10-20 wallets at launch making it look like there’s interest and then when people start buying in they’ll just dump on you There needs to be a lot of liquidity and volume to make it worth it as well. Best bet is to sit on the sidelines until the platform gains traction or only buy tokens with money you can afford to lose The only winners playing in this game are the pump fun and belief website owners Only 1.4% of tokens launched on pump fun actually make it to raydium and that number is going to be significantly less on belief for a awhile
21 replies
8 recasts
20 reactions
AdamBoy 🍖🎩🎭🎯Ⓜ️
@adamboy23
Research is very important checking clusters will really help but not every has access to it. Thanks for this reminder bro
1 reply
1 recast
1 reaction
Tim
@cryptim.eth
Yeah I’m not even sure if there’s tools to quickly check top 10 holdings yet. I still see a lot on pump fun where the top 10 is holding like 80-90% of the supply
1 reply
0 recast
1 reaction
AdamBoy 🍖🎩🎭🎯Ⓜ️
@adamboy23
Wow, damn thats a sure Rug. In base I joined a group where we can check on clusters, I am not really sure in SOL. Not really good in hunting tokens in SOL only on Base hehe
1 reply
0 recast
1 reaction
Tim
@cryptim.eth
yeah SOL is the wild west, not very many tokens make it out of the trenches
1 reply
1 recast
1 reaction
AdamBoy 🍖🎩🎭🎯Ⓜ️
@adamboy23
Agree the number of tokens in Pump is overwhelming for me LOL. I only ape if some one I trust shill it but I have a few hehe.
0 reply
0 recast
1 reaction
