Guys i am a trader but i never invested in the new projects but i know some guys who perform trading on newly projects and take a good profit from it so i am decided to do that as well so i found a project called Minerpepe and its offers mining through the smart contract i have checked the dapp their pools are not live but when i connect my wallet nothing is stolen so its look safe and when i dig more i found out their fairlaunch on pinksale is coming in next 24 hours and after the launch their pools got live i have witnessed a projects who offers good rewards through mining pool for the early birds so what you guys think participating in the initial sale of a token is safe or not?
Website link given below
Website:
https://minerpepe.com/First, never use your main wallet to try new projects. You don't know whether the project will be a scam or not just because they don't take your coins at that time. Always use a dedicated wallet for new projects.
I looked at the website and it looks like it's another meme coin that uses the big name PEPE to attract investors. In the past there was also a PEPEMO project which used the name PEPE. In my personal opinion, to be honest, meme projects are not good projects to invest in because you need the power of the community to pump up the price. I read briefly in the project that it mentioned that early adopters would benefit from MPEPE tokens. That's great but if there isn't a big community then it will just be another shitcoin of meme projects.
It's common to see the use of coin names that are almost the same as memecoins which are already popular. and such a strategy is no surprise to us.
However, there are also memes that succeed and there are more that fail. We can't say that the project OP intended will be good enough in the future. but it's better to be careful. If you really have to connect a wallet, you're right, it's better to use a new wallet and not use the main wallet. just to be careful because there are quite a lot of people who have lost assets because they were careless in connecting their wallet.