Most cryptocurrencies are shrouded in scammy behavior due to their lack of regulation, transparency, and real-world utility. Many projects promise groundbreaking technology but only deliver hype, leveraging FOMO to inflate value artificially. The anonymity factor attracts fraudsters, leading to rug pulls and Ponzi schemes. As retail investors chase quick profits, they often overlook due diligence, making it a breeding ground for scams. Always research thoroughly and approach with caution in the volatile world of crypto! 