Unrealistic Promises of High Returns 🚨 If a crypto project guarantees massive profits with little or no risk, it’s likely a scam. Legitimate investments always carry some level of risk.
No Clear Whitepaper or Roadmap 📜 A legitimate cryptocurrency has a detailed whitepaper explaining its purpose, technology, and goals. If there's no whitepaper or it's vague, be cautious.
Anonymous or Unverified Team Members Scam projects often hide the identities of their developers or use fake profiles. Always research the team behind the coin to check their credibility.
Lack of Transparency & No Code Audit If a crypto project doesn’t provide open-source code or hasn’t undergone independent security audits, it might be hiding vulnerabilities or fraud.
Aggressive Marketing & Hype 🚀 Scammers rely on social media hype, fake endorsements, and paid promotions to lure investors. If the project is more about marketing than technology, be skeptical.
Limited or No Liquidity 💰 If a coin is difficult to buy or sell, or it's only available on obscure exchanges, it may be a pump-and-dump scheme designed to trap investors.