In the wild west of digital finance, the lack of regulation makes most cryptocurrencies a breeding ground for scams. Many projects promise revolutionary tech with vague whitepapers and flashy marketing but offer little substance or utility. Pump-and-dump schemes, rug pulls, and exit scams exploit unsuspecting investors driven by FOMO. With anonymous creators and opaque operations, accountability is scarce. Always DYOR and remember, if it sounds too good to be true, it probably is.