Apparently you can. Unless I'm mistaken I thought confido (
https://coinmarketcap.com/currencies/confido/) was a scam coin. Recently the rest of Confido team was refunding their collected ETH for Confido tokens through KuCoin exchange. However some people started buying confido at a higher price than what the team was buying, eventually from 0.07$ went up to 1$ and still costs 0.34$ right now. A coin that has literally no uses, no devs, nothing and yet if you had or bought coins when it was 1-2 cents, not long ago, you could have made a x30 - 50 almost with a scam coin. Are people really this uninformed when it comes to buying coins? Is there something that I'm missing here?
It is very similar to today's trone, people have inflated a lot of information, they are starting to buy and raise the price, but it is not being developed and liquidity is very weak. You just need to analyze all this and not chase your profit.