Tips that may interest you

Website

If there is no website or made in rush mostly it's just pump and dump project, And always check if they update their web or not

If there is good hype in their TG at least make sure you ape small and sell at first pump

Is the telegram muted

If the TG muted during launch or presale that is okay, But if it is muted for no reason, Their TG group could be botted or they trying to avoid people informing each other.

Team members

If the team has one or two members or only one developer e.g. mostly he is there for quick money only. especially if he is anonymous.

Rugscreen and pogged

Some obvious signs (can never be 100% accurate but you can spot honeypots for example), if the contract is revealed at launch that is a little suspicious.

NOTE: Never buy if the contract isn’t verified, other wise u will get rekt

Doxxed Team

That's awesome! but check if it's fake images, Or If there’s actually a video of them talking about the project

If not: The question is, Do the names on the site or doxxed paper link belong to a real social profile?

Contract Address

Make sure u take the CA/Contract from admin in the official token chat, and always double check!, Or You will end up buying fake token

•Tokenomics

Check how many tokens do they keep for themselves and what for?، How much % goes into liquidity?, can they mint tokens?

Go to https://bscscan.com
Paste the contract
Go to the holders section
Check the the top holders and ask the team, what are these wallets for?

Let’s be honest, Do even shitcoins really need 10% developer tokens, 10% team tokens and 10% marketing?, its a shitcoin, there’s no development!, Yes there are exceptions sometimes, But the tax must be reasonable Tho

•Mint Function

Check the functions in the verified contract. Any mint or weird if statements going on?, Make sure the contract is clean

NOTE: dev can put a backdoor so be careful and always ask for audit report

•Fair launch

unless everything looks safe, check the LP lock and ownership renouncement.

1. Owner options (minting tokens-enable/disable trading-change fees-blacklist-max transfer)

NOTE: Click on the question mark to get the details

2. LP lock proof

3. Ownable- As long as there is a contract, it means that it is not renounced, it must be written renounced

https://www.dexanalyzer.io/bsc/0x50797351D72FA6DFD9A91A9da3372271398F5D1C

Thanks for the help @Geniu

Topics:

Protect your wallet from fake sites

What is a recovery phrase

What is the KYC service

Answers to frequently asked questions