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?
What you're saying, OP, sounds like a lot of people have already made similar reminders. From what I understand, the majority of people just ignore the warnings from
other members on this forum.
Believe me, many have already created these kinds of reminders, and some were even better presented. I just can't remember which section they were posted in.
But anyway, thanks for this, OP.