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Author Topic: Is it Advisable to buy coins pumpdotfun?  (Read 1785 times)

Online Cryptsafe

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Re: Is it Advisable to buy coins pumpdotfun?
« Reply #30 on: June 10, 2024, 10:36:01 PM »
I had to check the website for myself to see what is obtainable there but I am not comfortable and convinced about the whole settings. This is my first time of hearing about such website. If such website renders such services, how come it is not that popular?

I see a connect wallet option which makes me sceptical about the whole stuff. I think OP should properly do an elaborate explanations about the website and their services rendered so that we do not make any mistake.
It's actually like a launchpad on the Solana network where anyone can create a token and add liquidity without being able to remove it. When this token gets to a particular market, it will be automatically added to Raydium. You can read more about it here: https://www.bsc.news/post/what-is-pump-fun

If I hear you clear, you said "anyone can create a token and add liquidity"  fine it is no big deal though but is it reliable? How come it has not been known or heard of all these while? Who are the people behind it?  I think dealing with such a website needs utmost caution because you never can tell the real reason why it was developed and we have no idea how long it has been in existence. So you ought to be careful.
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Re: Is it Advisable to buy coins pumpdotfun?
« Reply #30 on: June 10, 2024, 10:36:01 PM »

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Re: Is it Advisable to buy coins pumpdotfun?
« Reply #31 on: June 10, 2024, 11:04:43 PM »
Why do you ask if the answer is not valid according to you, this is clearly a meme isn't it? I just heard it now, this is nothing better than meme coins all of it is just a trap never buy or invest it, there is no good advice to buy, love your money do not make any purchases on unknown memes
A lot of meme coins are being created because of the bull run to decieve investors, and some people will fall for their trap and will be rug pulled. This is why it is not good to see new project as a means to invest because most of them are pump and dump projects. Think of investing on a good coin that have survived the market. Avoid new projects during the period will help one from being scammed.
After the bull run, many of the newly created coins launched because of the bull run will diminish into the tiny air, never to resurrect again in the crypto market.

This is simply the main reason why, one should DYOR before investing in a new project launch towards this bull run because they are most rugpulled by their owners

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Re: Is it Advisable to buy coins pumpdotfun?
« Reply #31 on: June 10, 2024, 11:04:43 PM »

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