Problem Statement

Even though Meme coins attract a large number of investors, unfortunately most of these projects turn out to be Scams or Rug Pulls.

A “Scam” refers to deceptive practices where the creators of the meme coin may have no intention of delivering on their promises, potentially resulting in financial losses for investors. A "Rug Pull" refers to a situation where the creators of a meme coin suddenly abandon the project, taking a large portion of the invested funds with them. This often happens after the coin's value has surged, and investors are left with significant losses