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Pixiu Tokens Abound: ERC20 Honeypots Detected on GMGN, DEXTools, and DEX Screener Coinotag 25 Sep 2024

Pixiu Tokens Abound: ERC20 Honeypots Detected on GMGN, DEXTools, and DEX Screener 🐝

ERC20 honeypot tokens have infiltrated the trending lists on several platforms including GMGN, DEXTools, and DEX Screener. This issue was brought to light by Twitter user @roffett_eth and subsequently reported by COINOTAG on September 25.

Honeypot tokens are a type of scam where the token entices users to invest, only to trap their funds.

Source: en.coinotag.com ↗