Buyers beware: PeckShield flags ten new meme coin scam tokens MEME Rugpulls PeckShieldAlert
Also in this category is newly created meme token BOBO, which PeckShield says was launched hours ago and just had its liquidity removed.
PeckShield reported that the scammers initially funded 3.47 ETH from the MEXC crypto exchange to pump the token's price to trick unsuspecting investors before draining the pool. It also reported that the same bad actors created token LADYS , warning investors not to fall prey to this new scam token. This calls for caution on the part of investors, who must remain vigilant and be aware of the risks associated with meme coins, particularly those lacking a solid foundation or credible development team.
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