🚨Why You Can BUY But Can’t SELL? The Hidden Honeypot Scam EXPLAINED!

👀 If a chart looks “too perfect,” it probably is…

$BNB

🔥 You’re scrolling through DEX and suddenly — BOOM — a brand-new meme coin with a chart going straight to the moon.

No red candles. Only green. Pure magic. You think:

“I MUST BUY NOW!”

You ape in with 1 $BNB … and instantly see 2x, 3x gains.

You hit SELL to secure profits…

❌ Transaction Error

Increase gas to 20%… 50%… Still ❌

Your money? GONE.

Welcome to the Honeypot Trap.

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⚠️ What Is a Honeypot Scam?

This isn’t a glitch — it’s hard-coded fraud.

🔒 The dev inserts Smart Contract code that:

Allows ONLY Whitelisted wallets to SELL

Whitelist = Dev wallet only

Everyone else? BUY only. No SELL.

🤯 Some advanced honeypots even let you sell tiny amounts at first to build trust…

Then once liquidity is big enough → Dev flips the LOCK.

Game over.

🧠 Why Do People Fall For It?

Because the price can only go up when NO ONE can sell.

➡️ Zero sell pressure

➡️ Perfect green chart

➡️ Extreme FOMO

➡️ Fake volume from wash-trading bots

➡️ “Trending” illusion on DEX tools

Looks bullish, but it’s a trap designed to suck in greed.---

🔍 Before Buying Any Unknown Token — DO THIS:

1️⃣ Copy contract address

2️⃣ Paste into a scanner (e.g., Token Sniffer / DexTools checks)

3️⃣ If you see:

❗ Sell Tax 100%

❗ Honeypot Detected

❗ Creator Can Modify Transfer

➡️ RUN. NOW.

📉 A coin that pumps for HOURS with no correction is usually not “strong”…

…it’s locked.

It’s a trap, not a miracle.

🟡 News and analysis are for reference, not financial advice.

#HoneypotAlert #BinanceSquare #CryptoSecurity #DYOR #Web3Safety