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Spot the Scam

Six real shapes of a bad launch, plus a couple that look suspicious and are not. For each one, decide: is this a red flag, or is this normal?

You will get an explanation after every answer β€” including the ones you get right, because knowing why matters more than the score.

The rule behind every question

None of these are proof on their own. What you are looking for is a reason someone else has more control over the price than you do β€” and whether that reason is visible before you buy.

1. A token launched four minutes ago. One unlabelled wallet holds 38% of the supply.
2. Mint authority is revoked, freeze authority is revoked, liquidity is locked for twelve months.
3. Twenty fresh wallets received tokens from the same address a few minutes before launch.
4. Volume is heavy, but every buy and sell in the last minute comes from the same two wallets.
5. A site asks you to connect your wallet and sign a message before it will show you the price chart.
6. The dev’s last two tokens went to zero within a day of launching.
7. The top ten holders are a liquidity pool plus wallets holding between 0.5% and 3% each.

Why the explanations matter more than the score

A quiz can teach you seven patterns. It cannot teach you the eighth, because someone will invent it next week. What transfers is the question underneath all of them: who has more control over this price than I do, and can I see it before I buy?

If you can answer that from the public data, you are already ahead of most buyers. If you cannot, the correct position size is zero.

For the slow version of the same reasoning, spotting a scam before you lose walks through it, and the warning signs page catalogues the patterns.


Not financial advice. Every scenario here is generic and describes patterns, not any specific token.

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By DetroitChad · I trade memecoins, I've been rugged more than once, and I write what I wish I had known on day one. Educational only, not financial advice. Some links are referral links, see the disclaimer. Questions? Ask me here.