How they scam through rug pull and how not to get caught.

Rug pull - theft of funds by token developers, especially common in meme tokens. At some point, the team simply takes all the money and disappears into the sunset.

3 types of rug pull:
▫️ Withdrawal of assets from the liquidity pool.
▫️ Changing the smart contract to prohibit token sales (practiced on SWAPs).
▫️ The team/insiders are dumping all available token supplies in a short period of time.

What to do:
In theory, any team with a token on SWAP or CEX can turn bad at any moment and take the money.
To avoid getting scammed, you need to gather as much information as possible about the project/team/token/contract and double-check everything multiple times to minimize risks.
First of all, ask yourself a simple question: what do you need a particular token for, how can you use it? What is the benefit of this token to the crypto industry and to you personally? If it's just for speculation, it's a bad choice. Greed and foolishness are not helpers in investment.
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