What is a pancakeswap honey pot?

Pancakeswap pump groups have two options to scam the participants and one of them is a so called honey pot. We make it short for you: a crypto honeypot is a coin or token that can be bought but not sold! You have heard right. You buy the coin on pancakeswap – in a pump event – and are not able to sell it. This is how admins scam their members.