Post
Topic
Board Altcoin Discussion
Re: SIGNS THAT A CRYPTO PROJECT IS A SCAM
by
Jackl87
on 18/07/2023, 05:13:08 UTC
As cryptocurrency continues to gain popularity, more and more people are investing in various crypto projects. Unfortunately, with this rise in interest comes an increase in scams.

 Here are signs that a crypto project may be a scam:

Well if we are following your 4th point, then this means that every single meme coin is a scam because none of them has a real use case and they are all just trying to generate hype and FOMO out of nowhere. To be honest i totally agree with that statement.
There are also a few more signs that a project is crap and just imagining things that will never happen like for example a roadmap that only has points like "listing on major exchange" or "10k holders after a month". That is stuff that does not belong in a roadmap.