Related to MEMEs
Honeypot
A malicious contract design that allows users to buy tokens but prevents them from selling.
Purpose: To test if the trading contract is safe and avoid the risk of trapped funds.
Open Source
Contract code that is publicly accessible, allowing anyone to review, audit, and verify its safety and functionality.
Purpose: Increases transparency and boosts user trust.
Approval
In blockchain transactions, users must authorize smart contracts to use tokens in their wallets.
Purpose: Ensures transactions proceed smoothly, but be cautious of the security of the approval scope.
Liquidity Lock
Funds in a liquidity pool are locked for a period, preventing arbitrary withdrawals.
Purpose: Secures funds and prevents the sudden removal of liquidity by project teams, which could crash prices.
Smart Money
Refers to market participants with a high success rate, characterized by:
Keen intuition: Quickly identifies market trends and potential projects.
Financial advantage: Possesses significant funds to influence market directions through large transactions.
Strategic operations: Achieves steady profits through high-frequency trading and arbitrage.
Information advantage: Has insider information or uses advanced algorithms for early insights.
In blockchain, movements of smart money are often tracked via on-chain data (like large wallet transactions) to guide other investors.
Solana Token Security
Disclaimer: Token security checks are for reference only and cannot guarantee 100% accuracy. Always compare multiple security tools before trading.
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