Cryptocurrencies promise decentralization and financial freedom, yet many are rife with scams. The lack of regulation and oversight makes it easy for fraudsters to orchestrate pump-and-dump schemes, leaving unsuspecting investors burned. Whitepapers often hide vague, unrealistic goals, and anonymous creators can disappear overnight with your money. While the underlying blockchain technology has potential, the current crypto landscape is littered with projects that prioritize hype over substance. Be cautious and do your research before diving in! 