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Jacek.degen.eth 🎩
@jacek
How to Start a Scam Meme Coin (And What to Avoid) (A purely educational piece so you don’t fall for these tricks, DEGENs 😉)
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Jacek.degen.eth 🎩
@jacek
1️⃣ Step 1: Fake Decentralization You don’t want people to know you control 80% of the supply, so you split it across 500 wallets. Make it look like a fair launch. Meanwhile, your burner wallets are ready to dump on exit. Stay safe: Always check holder distribution.
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Jacek.degen.eth 🎩
@jacek
2️⃣ Step 2: Wash Trading & Fake Volume No one wants to buy your scam? No problem! Just trade with yourself. A few bots bouncing tokens back and forth = 🚀 Volume looks real. People FOMO in. Watch out: Check CEX/DEX volume vs. real liquidity.
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Jacek.degen.eth 🎩
@jacek
3️⃣ Step 3: Buy Influencers Find a washed-up influencer. Pay them to tweet, “Just aped into $SCAM 🔥🚀.” If they’re really dumb, they'll even post their buy & sell transactions 💀. Pro tip for survival: Never trust shills.
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Jacek.degen.eth 🎩
@jacek
4️⃣ Step 4: FUD the Competition Why just shill when you can kill? Fake screenshots, "devs are dumping" posts, bot spam... Make your competitors look like the scam while you rug in peace. Stay sharp: If a coin's marketing is 80% FUD, it's a psyop.
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Jacek.degen.eth 🎩
@jacek
5️⃣ Step 5: Hype Before the Rug - Launch a “partnership” (fake). - Announce a “CEX listing” (unconfirmed). - Promise a burn (never happens). Price pumps, normies ape in. Exit liquidity secured. Your move: DYOR before chasing green candles.
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Jacek.degen.eth 🎩
@jacek
6️⃣ Step 6: Dev Wallet Vanishes Rug pulled, team wallets cashed out. Blame “hackers” or “bad actors.” Announce “V2 relaunch” to milk the last bagholders. If you hear this: Run. Fast.
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Zino's 🐿️😺🧑🦲
@obia40
Very informative, thanks
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