Space Monkey: You spend your money on a project without even knowing if it’s legitimate or not, especially when it comes to the develo
You spend your money on a project without even knowing if it’s legitimate or not, especially when it comes to the developer. You buy because you think the project will pump and become a long-term success. But after only an hour, the project suddenly gets rug-pulled because the developer sells all of their holdings, which could be around 4%–15% of the total supply. Instead of making a 2x–10x profit, your investment crashes, and now you’re left with losses and nothing you can do because you got rugged.
Here are some tips on how to avoid rug pulls based on my own experience:
1. Always do your own research first.
Never buy into a project without checking if it has an X account, community, Telegram group, or a detailed website where investors can see the project’s mission and vision.
2. Be careful with unrealistic promises.
If a project keeps promising 33x–100x profits, consider that a red flag. Never blindly believe hype.
3. Use rug checker tools.
Check how much supply the developer holds and whether the project is considered safe or risky.
4. Observe the developer and community activity.
A strong and active community is important. Make sure the developers are transparent and consistently active.
5. For Pump.fun users, be cautious with livestreams.
If the livestream is unrelated to the actual project and only talks about “how to avoid losses” or “how to make 30x profits,” that’s extremely risky. Always research first before trusting those kinds of videos.
If you are constantly losing money in memecoins, it’s better to study and learn first before investing. Never trust random people you don’t personally know because there’s always a chance that you could become their exit liquidity.
Again, not all memecoins or crypto projects are scams or rug pulls. There are still legitimate projects that continue to grow and increase in value. Many investors still hold strong in projects like CrypTok, which is one of the successful projects with strong potential to reach a multi-million market cap in the future.
Space Monkey: You spend your money on a project without even knowing if it’s legitimate or not, especially when it comes to the develo
You spend your money on a project without even knowing if it’s legitimate or not, especially when it comes to the developer. You buy because you think the project will pump and become a long-term success. But after only an hour, the project suddenly gets rug-pulled because the developer sells all of their holdings, which could be around 4%–15% of the total supply. Instead of making a 2x–10x profit, your investment crashes, and now you’re left with losses and nothing you can do because you got rugged. Here are some tips on how to avoid rug pulls based on my own experience: 1. Always do your own research first. Never buy into a project without checking if it has an X account, community, Telegram group, or a detailed website where investors can see the project’s mission and vision. 2. Be careful with unrealistic promises. If a project keeps promising 33x–100x profits, consider that a red flag. Never blindly believe hype. 3. Use rug checker tools. Check how much supply the developer holds and whether the project is considered safe or risky. 4. Observe the developer and community activity. A strong and active community is important. Make sure the developers are transparent and consistently active. 5. For Pump.fun users, be cautious with livestreams. If the livestream is unrelated to the actual project and only talks about “how to avoid losses” or “how to make 30x profits,” that’s extremely risky. Always research first before trusting those kinds of videos. If you are constantly losing money in memecoins, it’s better to study and learn first before investing. Never trust random people you don’t personally know because there’s always a chance that you could become their exit liquidity. Again, not all memecoins or crypto projects are scams or rug pulls. There are still legitimate projects that continue to grow and increase in value. Many investors still hold strong in projects like CrypTok, which is one of the successful projects with strong potential to reach a multi-million market cap in the future.
