In the wild west of digital finance, many cryptocurrencies have emerged, promising revolutionary tech and sky-high returns. Yet, the lack of regulation creates a playground for scammers. Pump-and-dump schemes, fake ICOs, and rug pulls are rampant, preying on FOMO-driven investors. Many projects lack transparency, real-world utility, or even a viable business plan. With anonymous creators and volatile markets, distinguishing genuine innovation from scams becomes a daunting task. Always DYOR (Do Your Own Research) to navigate this risky landscape wisely.