Post
Topic
Board Altcoin Discussion
Re: Dogecoin Knock-Off Ends Up Being A Scam
by
Jackl87
on 04/04/2022, 12:27:55 UTC
According to data provided by blockchain security firm PeckShield, DogeMother, one of the countless Dogecoin offshoots, is actually a scam.

DogeMother is a honeypot scam that has trapped buyers, according to blockchain security firm PeckShield.

Source: https://www.coinshots.com/news/dogecoin-knock-off-ends-up-being-a-scam

Well i can not really say that i am surprised. I mean first of all i have never heard of that project before and even though i am not that deeply into cryptos i guess if this would have been a big scam i would have heard it somewhere before. It is almost impossible to keep up to date with all the new projects that are appearing each and everday and i would say that still 95% of all new projects are shit-coins (meme-coins) and to be honest i don't see a big difference between a shit-coin that is a straight out scam or all the other shit-coins that are just trying to make quick and easy money with almost no effort by creating a new BSC token within a few minutes.