There has been a number of SCAMS launched on #Pulsechain in last few hours.
PLSX/USDC is one. $51M fake volume, fake tokens, fake pair. 98% owned by admin.
Locking buyers in, cannot sell. BE CAREFUL NOT TO FALL FOR FAKE SHIT brothers and sisters!
Seen on BSC, Arbitrum and now PulseChain.
Dexscreener shows CS/USDT as #1 volume maker on BSC today, with $164M, all taking place in just 5minutes. Obvious scam to draw attention to itself on leadership boards. Victim buys because "it looks real", then can't sell. Then rugged.
Know the legit contract addresses to avoid scams.
Take you time, be cool, no need to rush in. Get a solid game plan on paper. Use Testnet v4 for practice. Visit and read PulseChain.com and PulseX.com first!
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Ok, I'm not the watch dog for #PulseChain, that's way too much on one guy. But here is a quick note on how to spot/avoid a rug pull on any chain using @dexscreener
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1) On dexscreener, filter to your favorite chain. There are 7 scam tokens in top 22, with obvious red flags.
@dexscreener 2) click into one of the top volume scammy looking tokens. On this chart, on 5 minute scale, you can see 99% of fake volume is in the first bar.
3) here's another. Fake volume gives the impression that it's popular and safe. Crowd loves a crowd. This scam is being observed on several top chains.