Unfortunately, scams are very common in cryptocurrencies.

Thousands of people get caught up in memecoin scams and lose their money to scammers.

Unfortunately, there is no way to fix it

But you can reduce the likelihood of falling for it.

I will tell you more about it below 👇

2/ To understand what a scam token is, you need to pay attention to these factors:

If the Top 10 Holders have over 10-15% of tokens, it's likely a scam. They'll sell when the token grows, causing its value to plummet.

If transactions are frequently transferred from one wallet to another wallet, this is also very suspicious.

And if the Dev holds more than 5-10%, it is also better to skip it.