Related to MEMEs

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. Solana Token Security

   • Disclaimer: Token security checks are for reference only and cannot guarantee 100% accuracy. Always compare multiple security tools before trading.