Most cryptocurrencies teeter on the edge of scam territory due to their lack of regulation, transparency, and intrinsic value. Many projects promise groundbreaking tech but deliver little more than whitepapers filled with jargon. The allure of quick profits entices both creators and investors, leading to pump-and-dump schemes. Additionally, the anonymity of blockchain transactions attracts bad actors. Without proper oversight and accountability, the crypto space remains rife with projects that prioritize hype over substance, leaving unwary investors at risk. Always do thorough research and exercise caution.