At LaunchXpresssFun, we’re passionate about building a memecoin that’s fun, fair, and scam-free. But the crypto space can be a tough crowd. Our recent posts on X as @LaunchXpresssFun sparked excitement—and some serious heat. We’ve faced accusations of planning a rug pull, with skeptics assuming every new coin is a scam. We get it: after scams like the $30M CUBA rug pull or the LIBRA crash, trust is hard to come by. But we’re here to cut through the noise and show why $LAUNCHXP is different. By burning 100% of our token supply on livestream and revoking all developer authorities, we’ve made $LAUNCHXP rug-proof by design. Let’s dive into the facts and clear up the misconceptions.
What Is a Rug Pull, and Why the Skepticism?
A rug pull is the ultimate betrayal in crypto: developers hype a token, pump the price, then drain the liquidity or dump their tokens, leaving investors with nothing. In 2024, rug pulls accounted for 44% of crypto scams, with over $500M lost to projects like Froggy Coin and Quant. On X, every new memecoin gets labeled a scam before it even launches—it’s just the vibe. We’ve felt this firsthand at @LaunchXpresssFun, where our fair launch announcements were met with abuse. We don’t blame you for being cautious; the space is full of bad actors. But $LAUNCHXP is built differently, with hard-coded protections to ensure your trust isn’t misplaced.
How Burning 100% of the Supply Stops Rug Pulls
Burning tokens means sending them to a “dead” wallet—a blockchain address no one can access, ever. For $LAUNCHXP, we are going all in on our live event. Unlike partial burns, where devs hold tokens to “sell later,” our full burn means we hold nothing—zero. Some X skeptics claim burns can be reversed or faked, but that’s impossible here. Our smart contract has no minting function, and the burn is permanent, locked on the blockchain for all to see on livestream. By removing all tokens from our control, we’ve eliminated the chance to pump-and-dump—the heart of a rug pull. Check the burn yourself on our livestream. It’s not a promise; it’s code.
Revoking All Authorities for Ironclad Security
Rug pulls often happen because devs keep “authorities”—powers to mint new tokens, freeze trading, or pull liquidity. We’ve seen scams where devs minted extra tokens post-launch, crashing the price. For $LAUNCHXP, we’ve revoked all authorities, locking the smart contract forever. This means we can’t mint tokens, freeze trades, or touch the liquidity pool when the total supply is burned. The contract is fully decentralized, controlled by the community, not us. Think we’re hiding a backdoor? Our revocation is public—verify it on Solscan Combined with our 100% supply burn on launch, this slams the door on rug pulls. $LAUNCHXP isn’t just safe—it’s untouchable by design.
Why the Toxicity Misses the Mark
We love the passion on X, but the blanket “scam” accusations hurt honest projects like ours. Calling every memecoin a rug pull ignores the technical safeguards we’ve built into $LAUNCHXP. The fear is real, fueled by scams like the $286M LIBRA crash, but fear, uncertainty, and doubt (FUD) don’t build a better crypto space. Instead of abuse, we invite critics to verify our smart contract]. See the burn on libvestream. Confirm the revoked authorities. Our goal is clear: $LAUNCHXP is about fun, fairness, and community, not exploitation. Let’s move past the noise and create something awesome together.
Join the $LAUNCHXP Movement
At LaunchXpresssFun, we’re building $LAUNCHHXP to be the memecoin you can trust. Our 100% supply burn and revoked authorities make rug pulls impossible. The crypto space can be toxic, but we’re here for the long haul, creating a token that’s all about community and good vibes. Got questions? Verify our work on-chain or reach out during the live event on May 2nd. Let’s replace FUD with facts and build something great. Join our Telegram, follow LaunchXpresss on Telegram for updates. Together, we’ll make $LAUNCHXP a meme-powered success!
Disclaimer
The information provided in this blog post is for informational purposes only and does not constitute financial, investment, or legal advice. $LAUNCHXP and LaunchXpresssFun make no guarantees regarding the performance, value, or future success of $LAUNCHXP. Cryptocurrency investments are highly volatile and speculative, and you may lose your entire investment. Always conduct your own research and consult with a qualified financial advisor before participating in any cryptocurrency project. While we have taken steps to burn 100% of $LAUNCHXP’s supply and revoke developer authorities, as described, no system is entirely risk-free. LaunchXpresss is not responsible for any losses or damages arising from your use of $LAUNCHXP or reliance on this information.