Creators drain the pool or sell their supply, leaving buyers with a token that cannot be sold at a fair price.
How to check it yourself
- Check whether the pool's liquidity is locked or burned, and until when.
- Look at how much of the supply the creator and insiders hold.
- Watch the explorer for large liquidity removals or sells from creator wallets.
Sources
- dextools.iohttps://www.dextools.io/news/liquidity-pull-vs-slow-rug-key-signals
- trustwallet.comhttps://trustwallet.com/zh-CN/blog/academy/how-to-spot-a-rug-pull
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