04-25-2023, 09:37 AM
PEPE coin's contract gives its creators the power to limit transactions per wallet,
<!-- SC_OFF --><div class="md"><p>As if things weren't bad enough, the contract of PEPE coin gives its creators god-like powers. The meme coin that turned a few dollars investment into millions within two days is, surprisingly, more of a scam that it actually looks.</p> <p>We all knew it is not decentralized and that it is a likely a to-be-rugpull, but there's more on top of that:</p> <ul> <li>The number of token transactions is limited;</li> <li>The maximum token trading amount or maximum position can be modified, which may lead to suspension of trading;</li> <li>The blacklist function is included. Some addresses may not be able to trade normally.</li> </ul> <p>It also has 420.69T tokens in circulation. Insane amount to anyone expecting to get rich with demand and supply. Avoid putting money in crystal-clear scams.</p> <p>EDIT: Users pointing in the comments that the owners of the contract can't change things anymore because they transferred the ownership to a null address. Thanks for the info. I'm still not touching it, though.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reddito321"> /u/reddito321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12xg1vr/pepe_coins_contract_gives_its_creators_the_power/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12xg1vr/pepe_coins_contract_gives_its_creators_the_power/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>As if things weren't bad enough, the contract of PEPE coin gives its creators god-like powers. The meme coin that turned a few dollars investment into millions within two days is, surprisingly, more of a scam that it actually looks.</p> <p>We all knew it is not decentralized and that it is a likely a to-be-rugpull, but there's more on top of that:</p> <ul> <li>The number of token transactions is limited;</li> <li>The maximum token trading amount or maximum position can be modified, which may lead to suspension of trading;</li> <li>The blacklist function is included. Some addresses may not be able to trade normally.</li> </ul> <p>It also has 420.69T tokens in circulation. Insane amount to anyone expecting to get rich with demand and supply. Avoid putting money in crystal-clear scams.</p> <p>EDIT: Users pointing in the comments that the owners of the contract can't change things anymore because they transferred the ownership to a null address. Thanks for the info. I'm still not touching it, though.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/reddito321"> /u/reddito321 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12xg1vr/pepe_coins_contract_gives_its_creators_the_power/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12xg1vr/pepe_coins_contract_gives_its_creators_the_power/">[comments]</a></span>