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If you're looking for meme coins worth watching, here are some top contenders: - *BTFD Coin*: This coin is breaking records with its presale hitting over $3.4 million. It's got a strong community, a play-to-earn game, and staking rewards ¹. - *Dawgz AI ($DAGZ)*: This coin combines meme culture with AI-powered trading technology. It's currently in presale at $0.00211 and has been featured in major crypto publications ². - *Peanut the Squirrel (PNUT)*: This coin has seen a 1903% increase in value, with a market cap of $825 million. It's a highly volatile coin, but its community-driven approach has generated significant buzz ². - *Osaka Protocol*: This coin blends Japanese culture with meme culture, offering a unique approach to tokenomics and community rewards. It's gaining traction globally, especially among fans of Japanese memes and anime ¹. - *Cheems*: This coin features the lovable Shiba Inu dog as its mascot. It's been around for a bit, but recent updates and community support have pushed it back into the spotlight ¹. - *Shiba Inu (SHIB)*: This Ethereum-based altcoin has been struggling in the market, but its loyal community and potential for growth make it worth watching ². - *Pepe (PEPE)*: This coin has seen a 205% increase in the bull market and is stabilizing around $0.00002. Its deflationary mechanism and focus on growth through exchange listings and social media buzz make it an interesting contender ².

The PNUT project's price has been quite volatile lately. According to CoinMarketCap, the current price of PNUT is $1.39, with a market capitalization of $1.39 billion ¹. However, it's essential to note that the price has fluctuated significantly over the past month, with an all-time high of $2.47 on November 14, 2024, and an all-time low of $0.03128 on November 4, 2024 ¹. It's also worth mentioning that there are different PNUT projects, such as PNUT on Base, which has a significantly lower price of $0.00001774 ². As for whether the PNUT project will continue with a good price, it's challenging to predict with certainty. Cryptocurrency markets can be highly unpredictable, and prices can fluctuate rapidly. However, if you're interested in staying up-to-date with the latest developments and price movements, I recommend checking out reputable cryptocurrency websites and forums ¹ ² ³.

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While the crypto industry has continued to reach new heights, recently hitting a market capitalization of $3.89 trillion, the decentralized finance (DeFi) landscape has witnessed a dramatic upsurge in the number of rug pull incidents. On Nov. 14, the number of rug pull incidents peaked at an alarming 31 in a single day, while their monthly cumulative losses amounted to a sizable $15 million, signaling the escalating sophistication of scammers. While most of these incidents involved relatively small amounts, with losses typically less than $100,000, the sheer volume and increasing complexity of these scams have posed a significant threat to the integrity of the DeFi market. Allen Zhang, co-founder and chief technology officer of Web3 cybersecurity firm GoPlus, told Cointelegraph that the most prevalent type of rug pull is the “honeypot token” scam, which has been identified in over 5,688 tokens since November. He said that modern scammers have adapted by implementing sophisticated multi-wallet control strategies, making it difficult to assess risk purely based on holder concentration metrics. Crypto scammers change their tactics From the outside looking in, the modern rug pull has evolved from a crude smash-and-grab operation to a sophisticated psychological campaign. Michael Heinrich, co-founder of Web3 infrastructure provider 0G labs, told Cointelegraph that scammers now employ professional marketing strategies that would make legitimate startups envious. “We’re seeing meticulously crafted narratives designed to lure unsuspecting investors,” he said, “The absence of stringent Know Your Customer protocols allows malicious developers to create and promote fraudulent tokens without revealing their identities, making it challenging for authorities to trace and hold them accountable.“ The recent launch of the Peanut (PNUT) memecoin serves as a perfect example. Within just seven days of its Nov. 1 launch, PNUT had seen a remarkable 161x price surge, attracting scammers who created fraudulent versions of the token. The scammers were able to rug pull over $103,000. In this regard, the weaponization of front-running bots — applications monitoring transactions in a mempool to identify targets for a front-running attack — has become a particularly insidious method. Zhang said malicious actors are beginning to develop automated token launch strategies specifically designed to exploit front-running bots. This, in his view, has created a fascinating game theory dynamic where the competition between token issuers and automated trading tools has become increasingly mature and intelligent. Steven Walbroehl, co-founder and chief technology officer of Web3 security firm Halborn, told Cointelegraph that front-running bots are aiding rug pull scams, especially during token launches. “They often start with a ‘hype and demand’ cycle. Front-running bots automatically detect new token listings and execute rapid buy orders to front-run legitimate investors.” As a result, security providers now need to conduct more detailed analyses using methods that go beyond simple concentration metrics and incorporate more sophisticated indicators of potential malicious activity. Elaborating on the growing sophistication of these scams, Heinrich pointed out a recently evolving rug pull area: the “fair launch” of memecoin tokens. He said that 90% of wallets on Pump.fun — a Solana-based marketplace allowing users to create and distribute their own tokens, primarily memecoins — were interrelated. This means that developers are injecting meme tokens on Pump.fun and utilizing bots alongside other tactics to drive up the price before liquidating on unsuspecting retail users. A recent example of this occurred when a 13-year-old was able to pocket $30,000 using this same tactic.