What to do when a dev or admin DMs you about your position
A practical playbook for one of the situations every memecoin trader eventually faces: when a dev or admin DMs you about your position.
How to read the situation
Unsolicited DMs from a "dev", "admin", or "support" about your wallet or position are almost always scams — impersonation designed to get you to click a link or sign a draining transaction.
Legitimate teams do not DM holders first about their positions. Treat it as hostile by default.
What to do right now
- Assume the DM is an impersonation scam.
- Do not click any links or connect your wallet.
- Never sign a transaction prompted by the DM.
- Verify anything only via official, bookmarked channels.
- Block and report the account.
What not to do
- ✗ Engaging with the DM's links.
- ✗ Connecting your wallet to "resolve" anything.
- ✗ Signing transactions from a stranger.
- ✗ Believing the account is really the team.
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Education only — not financial advice. Memecoins are extremely high risk.
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