What to do when you realize you bought a token that you cannot sell
A practical playbook for one of the situations every memecoin trader eventually faces: when you realize you bought a token that you cannot sell.
How to read the situation
If your sells keep failing while buys work, you have likely hit a honeypot or a near-100% sell tax. The funds are effectively trapped, and there is rarely a fix.
The priority is damage control: confirm the cause, stop adding, and protect the rest of your wallet from related scams.
What to do right now
- Confirm whether sells are blocked or just failing on slippage.
- Check freeze authority and the sell tax.
- Stop adding any more funds to the position.
- Treat the trapped amount as a sunk lesson.
- Review how the safety check missed it for next time.
What not to do
- ✗ Buying more hoping to "average" out.
- ✗ Signing further transactions related to it.
- ✗ Ignoring the lesson for your checklist.
- ✗ Panicking and clicking scammy "unlock" offers.
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Education only — not financial advice. Memecoins are extremely high risk.
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