In the ever-evolving world of finance, cryptocurrencies often promise revolutionary change, yet many exhibit scammy characteristics. They lack regulation, making them fertile ground for fraudsters. Pump-and-dump schemes manipulate prices, exploiting inexperienced investors. Many projects hide behind technical jargon, masking their lack of substance or utility. With ICOs, funds are raised without accountability, leading to exit scams. The allure of quick profits blinds many to the risks, driving volatility and speculation. While blockchain holds potential, it's crucial to distinguish genuine innovation from hollow promises. Always do thorough research before investing. 