Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Steve Jones

Meme Coin Rug Pulls Keep Burning New Buyers: $MT Launchpad Now Publishes Their Code First

Meme coins have a trust problem that a catchy ticker and a locked social account cannot solve. A token can attract buyers within hours, yet the people buying it may know little about who controls the contract, where funding goes or whether the rules advertised before launch are actually enforced on-chain.

That makes the code behind a meme coin launch increasingly relevant. One approach is emerging among open-source launchpads: publish the contracts before asking users to rely on them.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.