Pump & Dump / Honeypots
Beautiful charts designed to trap you — and the patterns that give them away.
1The honeypot trap
A honeypot is a coin where the chart looks gorgeous — up-only — but when you buy, you discover you can't sell. The freeze authority is enabled, the LP isn't locked, or the coin is massively bundled. An up-only chart on low volume with few holders is three red flags at once. However good the honey looks, walk away.
2Botted chart patterns
Bots are bad at imitating humans. Learn these fingerprints:
- Candles of nearly identical size, over and over — real supply and demand never looks that uniform.
- One giant instant candle followed by streams of tiny bot buys.
- Only huge candles — one entity buying and dumping whole chunks of supply in seconds.
- The 'staircase' pattern — mechanical steps upward designed to lure entries before the rug.
- Dev buy / dev sell moves that alone swing the whole market cap.
3The KOL dump
A darker version: groups of influencers bundle a coin at launch, then take turns posting about it so it looks like organic excitement from every corner. They're selling into their followers' buys. Rule: never borrow conviction. By the time a big account posts definitively, they're almost always already positioned — your buy may be their exit.
Learning material summarized from the free "A Complete (Meme)Coin Guide" by @spyzer — shared with full credit.