It's always been a playground for those scammers. Since I joined the crypto world last 2017 I saw so many projects that are scams. At that time ICO was on hype and there are so many investors that lost their money.
Also, don't be surprised if 2021 is the year of meme coin hype under the pretext - doge killer meme coin, doge replacement shiba coin, shiba replacement floki coin and so on.
I have noticed that many newcomers are attracted to meme coins which have a large supply and they think that they can earn many times over if they invest in such coins.
I'm talking meme coins - in huge supply: shiba inu guise coins, doge, floki etc.