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?
I can understand what are you trying to say and yes there is the possibility of profiting even from a scam coin till there is a demand which moves the prices ups and downs. so if you are investing your hard earned capital in some scam coins and if there is anything going ups and downs then you can earn a 10x profit or even loss 10x of your capital amount all depend on the matter of time when you are selling it and how long you hold it. Even previously there was a scam with crypto coin where we were refunded with almost 11x time our invested money.