I lost 430$ to a metaverse scam project yesterday, the project looks a lot like a professional job to me, everything was so detailed that you can't easily smell any rug pull, here is the project's website
https://markmeta.finance/ but unfortunately it's a scam project, you can buy but you can't sell so here are what I find out
1. The price of this token kept surging and surging, there was no retrace or whatsoever which to me is a red flag, the whole chart was a straight line aiming for the moon.
2. Telegram channel was restricted, no one can make comments or send messages, another red flag that I don't get suspicious over
It's too late already but hope someone learn one or two lessons from this
The name of the project itself says that it is a scam project. Why do you think they named their project "Mark" and "Meta"? Mark Zuckerberg and Facebook Meta? They are using all those hyped terms to attract users and then scam them. Oh, and don't invest in any new projects that has the term "finance" on their project. All those projects are scam.