Cryptocurrencies often tread murky waters, with many projects lacking transparency and accountability. Most are built on hype rather than solid fundamentals, promising astronomical returns with little to no viable product or use case. The decentralized nature makes regulation difficult, leading to scams and pump-and-dump schemes. Investors are lured by FOMO, only to find themselves victims of rug pulls. Always do thorough research; if it sounds too good to be true, it probably is. Financial literacy is crucial to navigate this volatile landscape safely.