In light of what has happened with Sushi, lets try and have atleast one useful thread on this board discussing obvious redflags that a coin is a scam.
I will start with the obvious -
>founder holds more than 50% of the tokens
What are other signs?
Signs that a coin is a ponzi scam and you are going to get rugged
Connor Brooks
Other urls found in this thread:
jpow.money
en.wikipedia.org
twitter.com
Adam Gray
Can i get the retard's explanation for sushi?
Luke Flores
Founder is indian
Justin Reyes
obvious sign: it's a clone named after a food
Nathan Diaz
the founder isn't you
Andrew Jenkins
It's a literal meme. Examples: Coom Coin and Doge Coin
Christopher Fisher
you see it on Zig Forums and its not XSN
literally everything else is a scam
Brandon Bennett
An actual red flag - anonymous devs
Jace Miller
what do you want to know? what it is or what happened?
Jayden Barnes
Unverified contract
Large amounts of token holders at contract creation
Minting functions in the contract
Liquidity not locked
No active website or social media accounts
Unrealistic promises of massive gains
Anonymous devs
Unaudited code
Also while rebase is not a hard red flag, a large number of rebase tokens tend to go awry due to bugs in the code (that may or may not be intentional) or retards not understanding what they're buying.