Exercise caution. In the absence of the pumpfun, scammers may seek you out with manually created Solana tokens. These tokens, unlisted, offer no guaranteed liquidity pools and lack backing from Raydium or Central Exchanges. Now is the moment to grasp the reality of a "rug pull."
A rug pull is a token designed as a honeypot, maintained by the token developer’s liquidity pool. It entices investors with false liquidity; once funds are secured, the liquidity ceases, leaving holders with untradeable tokens. Beware, the wolves aim to manipulate and profit from evolving news. Observe closely—tokens on Solana remain regardless of the pumpfun's status. Raydium is not owned by pumpfun, and the pumpfun company’s existence does not directly affect tokens created through it.
Show original
7
1.97K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.