Safety and scamsIntermediate
Meme coin launchpads
Sites where anyone can create a token in a few minutes without writing code, so thousands of new tokens launch every day.
- What it means
- Most of these tokens lose nearly all their value soon after launch, and the creator and early buyers can sell into the later buyers who pushed the price up.
- What to watch
- How old the token is, how much the creator and the first buyers hold, and whether they are already selling.
- How Compass-Alpha uses it
- Background only; not used in any figure on Compass-Alpha.
Free guides and tools
Crypto Fear & Greed IndexBitcoin DCA calculatorCrypto taxCrypto basics
More in Safety and scams
Rug pull warning signs
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Messages or tokens that promise a free airdrop to lure you to a look-alike website.
Seed phrase safety
A seed phrase is 12 or 24 words that can restore your whole wallet on any device.