Quote from: BlockchainWizard on Today at 08:56:20 PM

Quote from: Paddy man on August 04, 2025, 11:54:28 PM

After getting rugged (twice), I’ve started developing my own personal checklist to spot red flags in new altcoin projects. Here are a few I now take seriously:

Team not doxxed: If there’s no face, it’s a risk.

No GitHub activity: A “project” with no code is a meme, not a coin.

90%+ tokens held by insiders or devs: Obvious exit trap.

Whitepaper is vague or just buzzwords.

No clear revenue model: If it doesn’t generate value, it won’t last.

Just wanted to throw this out there for discussion: What are some of your “dealbreaker” red flags when it comes to altcoins?

Good checklist, you’ve already nailed some of the biggest ones. A few more I usually watch out for:
   •   Overpromised partnerships → if a project keeps dropping names like “we’re working with Google/Microsoft” but there’s no proof, huge red flag.
   •   Liquidity locked? If the team controls the liquidity pool and it’s not locked, that’s an easy rug setup.
   •   Anonymous devs + aggressive marketing → that combo is almost always bad news.
   •   No real use case → if the only “utility” is pumping the token, it won’t survive a bear market.
   •   Copy-paste contracts → a lot of rug projects literally just fork code and don’t change anything except the name.

At the end of the day, if the tokenomics look like a trap and the community is just hype with no depth, I’d rather stay out. Too many “next big things” end up being the next rug.

I like that and the price is a red flag right. There's no value in any of this shit unless it's grassroot use case or a software upgrade to the Bitcoin Ecosystem. Anybody can create a token and say it's worth a dollar. How?