The stories of MEME coins like $PEPE, $SUI, $DOGE, and others always go like this: someone gets rich during the bull market, but due to the contract having blacklisting permissions, they end up unable to withdraw — this brutal lesson tells us a harsh reality: holding coins in your wallet doesn't necessarily mean they are truly yours.
But the situation is changing. More and more project teams realize that to gain market trust, transparency of the contract is key. What are the most critical indicators?
First, the project team must completely relinquish all permissions. This is not just talk, but permanently verifiable on-chain. Second, zero minting, zero modifications, zero blacklisting — no one can bypass these rules. Third, liquidity must be permanently locked, welded on-chain, with no backdoors.
This is the true meaning of "your coins, you are in full control." There are many stories of getting rich in the bull market, but stories of sleeping peacefully after getting rich are rare.
If you are already tired of those nerve-wracking meme projects, before jumping into this MEME hot trend, verify for yourself whether the contract truly relinquishes permissions and whether the liquidity is really locked. Only if the answers to these two questions are "yes" is it worth serious consideration.
Would you consider "whether the contract has relinquished rights" as the first criterion for buying MEME coins? Share your thoughts in the comments.
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CommunityLurker
· 01-08 06:22
To be honest, I was blacklisted once before. Now I pay more attention to contract permissions than to the price increase.
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GateUser-26d7f434
· 01-06 16:13
To be honest, the whole blocking permission thing scared me off. Now I always check the contract first before deciding on a project.
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StakoorNeverSleeps
· 01-05 11:56
Honestly, it's really brainless to still dare to touch MEME coins that haven't been abandoned.
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WagmiAnon
· 01-05 11:44
Honestly, I've been annoyed by being blocked for a long time. This time, finally someone explained it thoroughly.
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BagHolderTillRetire
· 01-05 11:33
真的,这波讲得太对了,我之前就是被拉黑过,现在看合约权限比看K线还认真
Reply0
WhaleWatcher
· 01-05 11:31
That's true, but after taking a look around, there are very few projects that truly dare to completely abstain from voting.
The stories of MEME coins like $PEPE, $SUI, $DOGE, and others always go like this: someone gets rich during the bull market, but due to the contract having blacklisting permissions, they end up unable to withdraw — this brutal lesson tells us a harsh reality: holding coins in your wallet doesn't necessarily mean they are truly yours.
But the situation is changing. More and more project teams realize that to gain market trust, transparency of the contract is key. What are the most critical indicators?
First, the project team must completely relinquish all permissions. This is not just talk, but permanently verifiable on-chain. Second, zero minting, zero modifications, zero blacklisting — no one can bypass these rules. Third, liquidity must be permanently locked, welded on-chain, with no backdoors.
This is the true meaning of "your coins, you are in full control." There are many stories of getting rich in the bull market, but stories of sleeping peacefully after getting rich are rare.
If you are already tired of those nerve-wracking meme projects, before jumping into this MEME hot trend, verify for yourself whether the contract truly relinquishes permissions and whether the liquidity is really locked. Only if the answers to these two questions are "yes" is it worth serious consideration.
Would you consider "whether the contract has relinquished rights" as the first criterion for buying MEME coins? Share your thoughts in the comments.