Quote from: lightsun47 on Today at 05:22:35 PM

Ok I was watching the next scam unfold.

This was the contract address:

AQtUmZe9ZkfSc41cFgpMjAQ7eMAzGmaK2uQN1yHWLwrL

Which looked like this in Dex Screener:

https://dexscreener.com/solana/AQtUmZe9ZkfSc41cFgpMjAQ7eMAzGmaK2uQN1yHWLwrL

I will upload the top holder's activities, who also held 99% of token supply:

https://ibb.co/MDzZ8Dcf

Clearly they created this scam an hour back and put in $2k in it and as soon as this was announced, they started dumping. Not only that, it was removed as well?

Your thoughts?

Thanks.

One of the most important thing to heck out when dealing up with meme coins or those rug projects out there is that you should be checking out the top 10 holders on which if ever they've been holding lets say 20-30% of the supply then its likely or surely that this project would go rug at the time that those top holders sell off. Even lets say 10% of the supply out of those top 10 holders will be that devastative.

You can always make use of those tools like:
https://tokensniffer.com
https://rugcheck.xyz

There's relevant information on which you can be able to determine those redflags and just making use of your own common sense will be telling you that you should be avoiding.
As for the talks about pump groups then its just simply a scam, they are trying out to hook up those greedy newbies out there. There's no such thing about those
people who do know about on which token do made out some pump not unless if its manipulated by them and trying to trap out people and leaving them as liquidities or easy money for them.