Beware of Fake Token Scams The Cryptocurrency world has been getting the attention of a lot of new investors that wants to join the cryptocurrency space. Unfortunately, this rapid growth has also attracted bad malicious actors seeking to take advantage of the enthusiasm surrounding the space to manipulate and execute scams against honest users. Anyone can easily mint a token. It is the investor responsibility to research the tokens they are investing in. Example of Token Scams * Imitation Tokens The process of listing a token on a Decentralized Exchange (DEX) like Uniswap , PancakeSwap , Raydium or Jupiter Dex is open to everyone. Scammers will generate a token that tries to imitate old and new legitimate tokens. Before a legit token is listed on a DEX, scammers are already able to list their own. They will use the same name and logo which can easily attract an uninformed user/ investor. * Meme Coins These meme coins may not essentially be fake coins with fake contr...