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Ahmedarj
@ahmedarj2
🚨 Watch Out for Rug Pulls in Crypto! Blum's Memepad is letting people create memes and many are jumping in. But be careful of rug pulls! ❌ ❓ What is Rug Pull? A rug pull is a scam where developers create a token, get people to invest and then disappear with the money, leaving investors with worthless tokens. You can lose all your investment. 😢 Check if the token's liquidity is locked. Be careful if a few people hold most tokens. ❌ Like Solana 🟣 memecoin traders use tools like DexScreener, GMGN, Solscan along with other filters to carefully analyze projects and minimize risk. But remember, finding good memecoins isn't as easy as it sounds. It takes a lot of research and caution. 🤑 @BLUM
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