How to trade meme coin: a disciplined scalping process with position sizing, liquidity checks and exit rules, plus lessons from insentos' pro trader challenge.
Rug pull explained is essential for anyone involved in meme coin trading or token launches on Solana. A rug pull is a type of scam where developers abruptly withdraw liquidity or sell their tokens, leaving investors with worthless coins. This article explains how meme coins are created and launched on Solana, the mechanics behind rug pulls, and how to identify warning signs. Adding a large amount of liquidity followed by rapid marketing. Locking liquidity for a very short time or not at all. Developers holding a significant portion of tokens allowing quick sell-offs. Sudden liquidity withdrawal, making the token untradeable.