Moreover, the token has a warning that the owner can edit it, I guess he can mint more and easily rug the whole token. What do you guys think about this?
Even with the warning from rugcheck, you'd expect people to stay away from it, but they don't and keep trading it.
Honestly meme coin trenches are such a strange place, they will trade on a coin made to fund yet another crime act by the criminals knowing that in the future if the lawsuit is getting somewhere, their entire lifesavings might be linked to crime activity.
Even if there's warning like that still people would choose to invest on that project. Many people will try to catch the hype and earn with it, this is common reason why there are many people caught by FOMO and rug pulls.
But for me I'd rather be more careful dealing with project like this, because its hard to trust a company that suddenly released a token. Its questionable on how they can sustain it and I think this project will became a cash cow by devs.
So with that I choose not to join with hype and focus only on top coins, because they are much safer than riding the FOMO.
