🚨As memecoins grow in popularity, so do scams ready to empty your wallet.

Even experienced traders fall into these traps. Let's break down how they work and how you can avoid them.

Part 1

1️⃣ How do scammers fake it?: They use bots or shady services to make their tokens appear legitimate. You may see more volume, but that's just for show.

2️⃣ Beware of suspicious activity: same transactions despite high volume or low price movement? 🚩 Red flag! Scammers use bots to fake activity, keeping prices stable before the crash. Fluctuations in real markets!

3️⃣Monitor Liquidity Movement: Watch out for sudden liquidity shifts. If devs pull funds or liquidity pools shrink rapidly, this is a clear exit strategy warning. Keep an eye on how the money moves! $DOGS $CATI #BTCMiningDifficultyRecord #BinanceBlockchainWeek #mememcoinseason2024 #memecoin🚀🚀🚀

Be safe, friends!

# Learn and earn.