Draft — to be replaced by counsel. The final disclosure will be written by legal counsel. Until then, the key points are below.
Key risks
- Memecoins are highly speculative. Most lose most or all of their value. You can lose everything you put in.
- Past results, including any trader's statistics, don't predict future ones.
- Copying a trader does not reproduce their results. You trade later, at different prices, and pay your own fees.
- Automated rug checks can miss risks. A passed check does not mean a token is safe. “Not checked” means no data.
- Low liquidity can make it impossible to sell at the displayed price, or at all.
- Blockchain transactions are irreversible. Lost keys or mistaken transactions cannot be recovered by DYOR.
- Regulation of crypto assets varies and may change. You are responsible for taxes and legal compliance.
DYOR is for adults 18 and over only. Only trade money you can afford to lose.