Honeypots: you can buy, you can't sell
The chart is green and the exit door is painted on.
You can buy. You can't sell. A honeypot lets everyone in and lets only the creator out. Your position looks green, and the exit door is painted on.
Green all the way up. No dips, because nobody can take profit. Every red candle you would expect is missing. That is the tell, not a feature.
What is really happening. The token blocks most wallets from selling, or taxes sells at 99%. The creator's wallet still can. Everyone else is trapped.
600 buys. 4 sells. Real coins have sellers. A trade list with buys only is a room with no exit.
The 30-second check. Buys and sells count: any sells at all?. Chart rises with no dips. Holders grow, nobody takes profit. Mint and freeze authority revoked
Every sell fails.
Quick check.
Spot the honeypot before it closes. A practice coin, set up like a real one. Buy, skip, or sell in time.
Honeypots: you can buy, you can't sell · 3 min
You can buy. You can't sell.
A honeypot lets everyone in and lets only the creator out. Your position looks green, and the exit door is painted on.
Coach Bobby says:If the door only opens one way, it's a trap, not a room.
Go deeper
Solana memecoins mostly avoid honeypots because the token program is standard, but a creator who keeps freeze authority, or launches with a custom token program, can still stop you from selling. The buys and sells count is the fastest public tell: real coins always have sellers.