Rugged on a meme coin – Lost $800, Need Advice
Rugged on a meme coin – Lost $800, Need Advice
I recently invested $800 in a Solana meme coin thinking it would be a fun and potentially a profitable venture. However, it turns out randomly I got rug pulled by the dev dumping all his bags / pulling out the lp even tho it was locked??
I’m feeling frustrated and disappointed and I’m not exactly sure what steps I should take next. Has anyone else experienced something similar with any other meme coin?
Bhanuka Harischandra Answered question May 9, 2024
Use bots to check how much dev is holding. Also supply can be bought up by “private” holders and that can be dumped at once. Aldso check 1st candle – if its green and no dump fallows, stay away.
Also trade small amounts while you learn.
Bhanuka Harischandra Answered question May 9, 2024