Then why do you jump into this scam? Isn't it better to invest in some well-known projects?
He may not be aware that this is a scam token. Investors that seem to play ignorant with what they buy are likely the ones that will lose their money to projects like this.
Being not aware of what the project is all about is like wasting and throwing your money into the air and you're not expecting it to be back. Whilst these scammers are enjoying the money of their victims. No one should support and invest in scam projects because you're just feeding these scammers with your money.
Scammers usually have ignorant investors as their target. Even long-time investors have fallen into their trap because some of them put their false hope on this meme coin. Squid game token has been hyped and scammers have taken advantage of it. That's why even famous and well-known projects are risky. It's still important to check on the potential of the coin as well as the tram behind it first.
Newbie investors wouldnt really learn their lesson until they would be experiencing it for themselves and this thing would continue since scammers are just waiting for the right time for them to get in.
Whenever there's a hype or trend then they would really make use of it on scamming out those fool investors who do believe that a certain coin or project will really pump out its price.
Well, there are risk takers or who do gamble out their funds on something like this and able to make money somehow on some selected projects but most of the time it is really just
built up for some hype and then die all the way later on which would result into losing funds.