The thing is, Scam Tokens have gained grounds. Even trying to avoid them, might and always be tricky; to spot them
Noting how they will sound and look legit, on the objectives or the roadmap.
Some might say, checking the token white paper to check whether to know if they are legit. But checking that too would not be absolutely convincing
How Can Scam Tokens Be Spotted
- Their eagerness on wanting deposits, to gain the tokens
- Having invalid or fake boards of directors or even illegitimate founders
- The type and purspose of the coin
- Their ICO Dynamics
- A fake ERC-20 token address
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