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90% of the Shitcoin tokens are not meant for investment.
They are used to filter out "who is willing to take the final baton."
If you want to quickly determine whether a Shitcoin token is a scam, first look at these 5 points:
① Is the project team anonymous?
Anonymous teams are very common in the Shitcoin circle,
but anonymity also means: almost no accountability if something goes wrong.
So anonymous = high risk, do not romanticize it as "decentralization spirit."
② Is there a locked liquidity pool (LP Lock)?
This is the baseline.
If the LP is not locked, the project team can withdraw liquidity at any time.
You see profits on your account, but in reality, you might not be able to sell at all.
③ Is the contract open source?
Contracts that are not open source are very risky.
Even if open source, it’s not enough; you also need to check if permissions are problematic.
For example:
- Blacklist
- Trading suspension
- Extremely high tax rates
- Arbitrary rule modifications
④ Is the holdings concentrated?
If the top 10 addresses hold over 80%,
then this market is basically not priced by the market,
but by whales deciding your fate.
⑤ Does it have a product?
If a project only has emojis, slogans, social media hype, and KOL shoutouts,
but no product, no real-world application, no long-term narrative,
then what you’re buying is not an asset,
but an emotional game.
Finally, I give you the most important standard for judgment:
Shitcoin tokens are not inherently scams,
but the main purpose of most Shitcoins is to transfer chips at high positions to later buyers.
Essentially, it’s more like:
🎰 high-risk lottery + casino controlled by the house
What is the most outrageous Shitcoin you’ve ever bought?
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