🚨 Cryptocurrencies often appear scammy due to several factors! Many projects promise revolutionary tech but lack transparency, with anonymous teams and unverifiable claims. The market is rife with pump-and-dump schemes where insiders profit at the expense of naive investors. Regulatory oversight is limited, allowing bad actors to exploit loopholes. ICOs raised millions with little accountability, and the volatility attracts speculators rather than serious investors. Always do thorough research and exercise caution before diving in! 💡🔍 