Glossary
Copycat
Also written or said as: copycats, copy coin, clone, knockoff
A coin that copies the name, ticker or picture of a coin that is already running.
When a coin takes off, copies appear within minutes, hoping to catch buyers who search by ticker. Most are dead within the hour and some are traps. Always trade from the contract address the original community shares.
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This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.