Majority of MEME coins are SCAM

CANVA

It is not safe to invest in every type of crypto coins. There are some companies which introduces the crypto coin just for the sake of fun and entertainment and also they mentioned in the white paper that this coin is not for investment.

But still you can see huge volumes in those coins, people are blindly investing and the result will be the same as FTX, LUNA and other bogus crypto coins.

Majority of these coins are #meme coins which are not always safe to invest except few of them which can be considered a good projects

There are many #meme coins such #bonk #doge #flocki #pepe and many other coins and the funny thing that all of these coins have huge volume as always.

Their prices are growing on daily basis and people are keep on investing without knowing about any of the project.

Many of the #meme coins are scam projects and they are only here to scam people and fraud investors.

The strange thing that investors are interested to invest in such scam coins and all you can say lack of knowledge and awareness.

It is highly advised to ignore meme coins as there are many other solid and legit projects which are still undervalued. Better to consider all those coins for investment.

THANK YOU!

Posted Using InLeo Alpha



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5 comments
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Most of these coins will disappear in the future. Only a few will survive.

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