Diversification of Scam Techniques in Cryptocurrency
The news came in after some research had been taken by people to find out that about twenty four (24) memecoins have been liquidated and rugpulled within the last 10 days, the warning is for you to open your eyes and know the kind of digital coin you will be investing on, make your research very well and know the risk involved, we don't know which coin, token or centralized exchange is next and in for rugpull, bankruptcy, got attacked or turn scam anytime.
Henceforth you're no more a slave to centralized digital currencies or share the risk of investing on scam tokens or memecoins that may put you into shame later, every beginners can start with bitcoin because it's reliable and decentralized.
The diversification of scammers has long been happening where the trend is that's their next target, the writing is already on the wall on this meme coin they have been warned thousand times by experts and those who know the trend in the ICO all of these meme coins rides on the trend Dogecoin started they don't have something to offer to the community, no usability, all have the same features, huge supply encouraging people to promote to get rewarded, its like a Ponzi scheme yet people come to invest because of the promise of huge profit.
Investors should learn to focus on projects that have long established themselves and if they are going to invest in new projects dig deep and forget about meme coin, go for use cases and developers who are true to their promise.