Recently, on-chain schemes have been constantly evolving; here are some practical defensive tips to protect yourself.

First, understand the game of market capitalization—be cautious of coins with the same name, variations in uppercase and lowercase, OG versions, and clone copies, as it’s easy to fall into traps. Different trading platforms have varying levels of support for meme coins; the same coin can perform very differently across platforms, so choosing a platform is also choosing your fate.

Be especially wary of celebrity effects. Those celebrity coins that seem to have ample liquidity often serve as a prelude to rug pulls. When the hype is at its peak and buying momentum is strongest, it’s precisely the golden time for insiders to cash out and exit.

Finally, regarding project team meme coins—most of these tokens should come with a warning. They can be rug-pulled at any time by the project team. This is not alarmist talk but a reality in this field. Know the people and the coins well, assess the risks first, and then chase the trend.