https://www.makeuseof.com/biggest-signs-scam-token/
Is there a way to identify scam tokens? Fortunately, there are things you can do to avoid such tokens.
For example, a crypto that suddenly spikes in price in just a few hours or days may be nothing more than a pump-and-dump rug-pull scam that causes the token's price to drop quickly.
Or, if a cybercriminal develops a scam token, most of the tokens are kept for themselves so can be dumped for big profits.
Investing in crypto? Watch out for scam tokens!!
