🚨 What does "Honeypot" mean in the world of cryptocurrency?
Honeypot is a fraudulent token designed to allow you to buy, but you cannot sell.
The developer locks or manipulates the smart contract so that:
❌ You can buy the token
❌ You cannot sell or withdraw your funds
❌ The liquidity may be locked, fake, or under the control of the developer
❌ High taxes (90–100%) keep you trapped even if selling is technically possible
The result: Your funds are stuck, and the developer drains the liquidity later..
$SOL
$ETH
$ETH