How to Stay Away From Memecoin Scams

Simran

Anonymous teams and unrealistic promises like “100x returns” are red flags—don’t trust invisible creators.

Aggressive influencer marketing, fake endorsements, and unaudited contracts often signal a scam setup.

Avoid tokens with low liquidity, shady airdrops, or unclear project goals—these are trap signs.

Always DYOR—read whitepapers, check audits, verify team identity, and test with small investments.

Use tools like Token Sniffer, and never share private keys or seed phrases with anyone.

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