Identifying Fast-Rug Tokens: Key Indicators on BubbleMaps
Crypto investors are urged to be vigilant for signs of fast-rug tokens, as identified on BubbleMaps. A single wallet holding over 30% of a token's supply, represented by a super-large bubble, indicates a high potential for a dump. Additionally, several large bubbles connected to each other suggest dev wallets may be engaging in wash trading or preparing for a dump.
Further red flags include liquidity pool (LP) wallets connected to dev wallets, which could lead to liquidity being withdrawn, posing a high rug-pull risk. Frequent transfers between large wallets may indicate price manipulation or supply spoofing. Moreover, clusters of 20-50 small wallets linked to a single source could be fake airdrops or cloaking attempts.
Investors are advised to analyze tokens with distributed, calm, and LP-safe characteristics for potential long-term viability, while remaining cautious of centralized tokens with large bubbles and frequent token passing, which may signal manipulative practices.