Memes

Me finding out that Solana meme season is full of more rugs than hair club for men

Cryptocurrency junior level. Been trading 3 years now and finally coming into gains. Know a lot now but still have more to learn and am eager to learn it.

This post is in English and it refers to the high number of rug pull scams happening in the Solana meme coin environment. It's important for investors to be cautious and do thorough research before participating in such projects to avoid losing their funds.

Yes it is important to do research but with that said when you are dealing with meme coins there is not much research you can do. Even projects that have liquidity locked and burned, and renounced contracts can turn into something of a rug pulls due to malicious traders looking to manipulate price causing artificial highs followed by token destroying lows which trigger massive selloffs to the point the token loses all value which the whole process can happen in minutes. The thing with meme coins is they are high risk and whenever you are trading with them never trade more than you can lose because at some point you will