In the wild west of cryptocurrencies, the promise of quick riches often overshadows the reality. Most cryptos lack transparency, regulation, and intrinsic value, making them fertile ground for scams. Projects with polished pitches and lofty goals can mask pump-and-dump schemes, Ponzi structures, or vaporware. Investors are lured by FOMO, only to find exit scams and rug pulls. The anonymity, lack of accountability, and hype-driven markets make it easy for scammers to exploit the unwary.