CPEPE Rug Pull – Fake Pump Fun Token Exposed
What Is a Pump Fun Token?
Have you been a victim of a fake pump fun token rug pull? Pump Fun tokens are memecoins launched through the Pump.Fun platform, which offers a seamless way for anyone to create and trade tokens. One of the platform’s standout features is locked liquidity. This makes sure that the liquidity remains in the trading pool and prevents the dev from removing it, also known as a classic rug pull. This makes authentic Pump Fun tokens an appealing choice for traders looking to ride the hype without becoming another victim to instant scams.
However, scammers have found ways to mimic Pump Fun tokens by using vanity addresses and impersonating a legitimate Pump Fun token. Just the other day I sent out a PSA about fake Pump Fun tokens rugpulling. So today, we’ll examine one such scam that just launched and rugged hours ago: CPEPE—a textbook case of a fraudulent Pump Fun token.
The CPEPE Rug Pull: A Breakdown
CPEPE initially appeared to be a solid project:
✅ Website and socials were set up.
✅ Paid DEXScreener profile to appear legitimate.
✅ Seasonal narrative—a Valentine’s Day Pepe-themed token.
At first glance, it seemed like a safe bet. But fast forward, and the truth unraveled:
❌ The DEXScreener profile was stripped—the website link is gone.
❌ The Twitter account was wiped, leaving only two followers.
❌ The scammers tried to cover their tracks and will likely reuse the Twitter account for another scam.
This is a prime example of how scammers operate—building a temporary illusion of legitimacy before pulling the rug.
How to Spot a Fake Pump Fun Token (Using CPEPE as an Example)
Step 1: Get the Contract Address
Every token has a unique contract address on the blockchain. For CPEPE, the contract address is:
📌 DUUAcsb1NvTB28nzjFGdkRDSMbVS6G5cWZ296ogXpump
Step 2: Check the Contract on Solsniffer
- Visit Solsniffer or another rug checker website.
- Paste in the contract address.
- Review the warnings.
Step 3: Look for the “Large Portion of LP is Unlocked” Warning
- A real Pump Fun token always has locked LP (liquidity pool).
- If the LP is unlocked, the developer can withdraw liquidity at any time. They will drain it all and leave holders with worthless tokens.
- In CPEPE’s case, the LP was unlocked. This proves it was never a real Pump Fun token.
The Vanity Address Scam
Another red flag: the contract address ends in “pump”. While this might seem convincing, scammers can customize contract addresses to fake legitimacy. If you ever see an unlocked LP on a token ending in “pump,” it’s a guaranteed scam.
Lesson: Don’t Buy Solana Coins With Unlocked LP
Scammers constantly evolve, but checking for fake Pump Fun tokens is simple if you know what to look for. Locked liquidity is non-negotiable—if it’s unlocked, it’s a rug waiting to happen.
Check out what the aftermath of this rugpull looked like here.
Stay sharp, trade smart, and don’t let scammers win. Happy trading! 🚀
S Taylor is a professional crypto trader with five years of experience, having navigated a wide range of market dynamics and witnessed numerous scams firsthand. As a former victim of scams, S Taylor turned their focus to blockchain forensics and Solidity Smart Contract development, gaining deep technical expertise in the field. With a unique insider’s perspective, they’ve been involved in various crypto projects, where they’ve seen how developers can exploit vulnerable investors.
S Taylor is also the published author of Meme Coins Made Easy, a comprehensive guide that teaches beginners about cryptocurrency and how to identify and avoid common scams. S Taylor is dedicated to sharing valuable insights and helping the crypto community stay informed and safe.
