In the wild west of digital finance, many cryptocurrencies have become synonymous with scams. The lack of regulation creates a breeding ground for fraud, with anonymous developers launching projects without accountability. Pump-and-dump schemes, where prices are artificially inflated and then crashed, leave everyday investors at a loss. White papers full of jargon and empty promises lure in hopefuls, while the true purpose often lies in enriching a select few. As we navigate this volatile landscape, it's crucial to recognize the red flags and approach with caution. Not all projects are scams, but due diligence is key.