In the wild west of cryptocurrencies, scams abound. Many projects promise the moon but deliver dust. With minimal regulation, bad actors exploit the hype, launching tokens with no real-world utility. Pump-and-dump schemes lure investors with fake promises, leaving them with worthless coins. The complexity and anonymity of blockchain tech make it easy for fraudsters to hide. Always do your research—many cryptos are built on speculation, not substance. Stay cautious and informed to avoid falling into the scam trap.