Recently, meme coins like PEPE, MONG, WOJAK, AIDOGE, have recorded huge gains despite having no core benefits. After the meme coin became a huge hit, the ‘rug pull’ phenomenon is happening more and more often. Scammers create fake tokens that imitate these altcoin projects and ensnare investors. Accordingly, scammers initially collected 3.47 ETH from MEXC.
PeckShield Alert: These 10 altcoins can be fake, ‘rug pull’!
Security firm PeckShield Alert has revealed that it has detected a series of ‘rug pulls’ related to 10 fake meme-coin scams in the past three days. According to data from PeckShieldAlert, a number of EPEDOGE, PEPEC, WOW, MEME, FOUR, NEWPEPE, BENZ, BMW, POP and BOBO tokens were recently created and cleared liquidity scams. Ada initially collected 3.47 ETH from MEXC. It’s still the same old trick. Scammers will pump the token price to deceive people and then consume the funds.
https://twitter.com/PeckShieldAlert/status/1665539722133676033
As you follow on Kriptokoin.com, the LADYS token has warmed up again after a post yesterday by Elon Musk, an influential billionaire in the crypto market of the NFT Milady collection. The token made a huge rally in a short time. That’s why it has become the focus of scammers.
Scammers recently created fake LADYSThe data system records the scammers who recently created the LADYS token. Therefore, investors need to increase their vigilance to avoid falling into the trap. Milady Meme Coin, shown as LADYS, is a meme coin for the Milady NFT collection. Besides being a meme coin, it is self-organizing. Also, karma serves as drop currency for influence and accumulation of points for charm and beauty. At launch, the total LADYS token supply was 888,000,888,000,888 tokens. The project team deposited 94% of the tokens into the liquidity pool (LP) for burning. It also airdropped 1% of its token supply to all PEPE and Miladay NFT holders.
Dreams of getting rich soon are luring
Meme coins remain one of the primary sources for “generational wealth” in the crypto space. Designed to emulate certain memes or any humorous idea captured in an image, these tokens and protocols have created countless millionaires. At the same time, such altcoin projects have bankrupted many in the industry.
Recently, PEPE, MONG, WOJAK, AIDOGE, etc. it has recorded huge gains even though it has no core benefits. This is due to the hype in the meme coin ecosystem. As such, it creates the perfect opportunity to lure those who dream of getting rich quick. These scammers used the hype of meme coins in a negative way. They convinced desperate investors who wanted to turn a few tens of dollars into millions of dollars.
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