In the wild west of cryptocurrencies, scams lurk around every digital corner. Many projects promise sky-high returns with little transparency or legitimate technology to back them up. The lack of regulation allows fraudulent actors to create pump-and-dump schemes, duping investors with hype and false promises. With no accountability, these projects often disappear overnight, taking your money with them. Always remember, if it sounds too good to be true, it probably is. Do your research and stay cautious!