Pump Guard: Analyze Tokens to Avoid Rug Pulls
Pump Guard is a free Chrome add-on designed to assist users in analyzing cryptocurrency tokens. It utilizes various metrics to evaluate the likelihood of a rug pull, which is a common type of scam in the crypto space. This tool is particularly useful for investors looking to make informed decisions before committing their funds to a new token.
As part of the Pump.Fun suite of tools, Pump Guard provides essential insights that can help users navigate the often volatile cryptocurrency market. By focusing on metrics that indicate potential risks, it aims to enhance user confidence and promote safer investing practices in the ever-evolving world of digital currencies.