Post
Topic
Board Altcoin Discussion
Re: Scammers are good at using the most hyped utility
by
LogitechMouse
on 01/02/2023, 01:37:34 UTC
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Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
Scammers are always there. Whatever the hype is, they will follow because they know that a huge amount of money can go there since investors really don't want to miss the train thus, they will invest in what's hype currently.

From NFT's to ICO's to DeFi's to Meme coins and now AI. Investors wanted to have a piece of it hoping that they will make some money and because of the desperation to make money, they often fall into the traps of these scammers who have a very attractive sales pitch attractive enough to get some newbie investors out there. That's why scammers are still scamming because there will still be investors who will get scammed on their end.

As for me, F*ck those scammers. I will not fall into their trap. I've seen numerous scam projects already especially in crypto and I've already built my own basis into whether which are scams and which are not. I'll just hope that only few investors will fall into these A.I scam coins.