In the world of cryptocurrencies, the allure of quick profits often overshadows the risks, making it a breeding ground for scams. With over 10,000 coins in circulation, many lack transparency and real utility, existing solely to capitalize on speculative investment. The lack of regulation attracts bad actors, leading to countless pump-and-dump schemes and rug pulls. Scant accountability and anonymous developers further obscure intentions, leaving investors vulnerable. As the crypto market grows, it's critical to approach with caution, research thoroughly, and recognize that not all that glitters is gold. 