- Apr 10, 2020
- 3,109
- 799
Everytime there has been a bull run, lot of money is moving into a crypto. Will this result in lot of scam projects coming in market ? How can we spot such scam projects early and stay away from them ?
Will this bull run give birth again to lot of scam projects ?
- Thread starter achiever2011
- Start date
- Aug 5, 2022
- 367
- 134
Of course, but they'll always be here regardless of market conditions. Check rug pull/honeypot detector to see if there are flaws in the contract. Make some research on the devs, do they have public profiles or not (most of the time when they want to stay anonymous, then it's a scam). Check for a roadmap and whitepaper (take your time to do it). And trust your guts, if things seem too good to be true, in the crypto market they are.
- Dec 29, 2012
- 7,235
- 35,999
Yes, why wouldn't it
As sad as it sounds and as depressing the reality is, this is the time when most people are desperate, vulnerable and stupid (if not all) with their money
As sad as it sounds and as depressing the reality is, this is the time when most people are desperate, vulnerable and stupid (if not all) with their money
widowmaker123
Newbie
- Aug 26, 2023
- 47
- 48
of course, just look at solana memecoins rn, 95% of projects rugging in the first 30 minutes
- Mar 10, 2010
- 40,905
- 101,437
Vegas has the odds at 0-100 so I presume that is a certainty.
Crypto has so many of those projects it has it's own country.
Crypto has so many of those projects it has it's own country.
- Apr 27, 2016
- 5,746
- 2,388
Every minute new spam coins are launched and within one hour they are gone by scamming.
