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Guides · 7 explainers

Survival guides for the meme-coin trenches

How rug pulls work and what to check before you buy, what a community takeover is, and the token whose holders lived through both. Written from on-chain data and our own history, not from a press kit.

Start here: from a rug pull to a takeover

  1. 01 What a rug pull is
  2. 02 Do rug pulls ever recover?
  3. 03 What a CTO is in crypto
  4. 04 Epileptic: a token its holders took back

The 🟥🟩 token

What Epileptic is, where its ticker came from and how its holders took it back.

7 min read Epileptic Cult (🟥🟩): the emoji-ticker Solana meme coin its community took back Epileptic is a Solana meme coin whose ticker is two emoji squares, 🟥🟩. It launched on pump.fun on 18 November 2024, lost its first leadership within two months, and was… Read the guide 4 min read What is an emoji ticker token? How 🟥🟩 works, and why traders call it the flashing token An emoji ticker token is a cryptocurrency whose ticker symbol is made of emoji rather than letters. On Solana the name and symbol are plain text in the token's metadata,… Read the guide

Community takeovers

What happens when the people who launched a coin walk away, and the holders do not.

6 min read What does CTO mean in crypto? Community takeovers, explained In crypto, CTO stands for community takeover: the token's original developer has left, and holders take over its socials, its listing profiles and its promotion. A CTO cannot change the… Read the guide

Rug pulls

How tokens are emptied, what is left afterwards and what to check before you buy.

5 min read What is a rug pull in crypto? Meaning, types and the warning signs A rug pull is a crypto scam in which the people behind a token drain its value and leave buyers holding something they cannot sell for much. They pull the… Read the guide 4 min read Do rug pulls ever recover? What happens to a token after the rug Most rug pulls never recover. If the liquidity was pulled or the supply was printed and dumped, there is nothing left to rebuild on. The exception is a token that… Read the guide 6 min read How to check a Solana token for a rug pull: a 9-step checklist To check a Solana token for a rug pull, confirm the contract address, then make sure the mint and freeze authority are revoked, no risky Token-2022 extensions are in use,… Read the guide

Meme-coin basics

The ground rules of the market all of the above happens in.

4 min read What is a meme coin, and how do meme coins work? A meme coin is a crypto token built around a joke, an image or a community rather than a product. It has no earnings and usually no use beyond trading,… Read the guide

Everything here is information, not financial advice. Meme coins can lose most or all of their value, and nothing on this site pays out. The project's own history is on the Cult-Story timeline; the token's live numbers are on the token screen.