In the crypto world, there are indeed fake coins or projects created solely to deceive.
They are known as "scam tokens" or "shitcoins."
They are coins that do not have a real project behind them, have no true value, and only seek to take money from people.
Sometimes they look very attractive, but they are a disguised trap.
How to detect them?
They use names similar to real coins (for example, instead of "Bitcoin," they invent something like "BitcoinX" to confuse you).
They are not listed on serious exchanges like Binance or Coinbase.
They do not have a reliable official website, or the team that claims to create it never shows their face.
They promise quick and guaranteed profits (in crypto, no one can guarantee that).
A real example:
Some time ago, the Squid Game Token (SQUID) emerged, taking advantage of the success of the Netflix series.
Thousands of people invested believing it was official... and in the end, the creators disappeared taking all the money!
That is what is known as a rug pull: they pull the rug out from under you and leave you with nothing.
How to protect yourself?
Invest only in reliable platforms like Binance.
Always research before buying.
If something sounds too perfect to be true, it's better to be suspicious and investigate further.
Always remember this:
Your money, your energy, and your shine are worth a lot. Take care of them. Protect yourself.
Don't let anyone turn off the light you have inside.
Bitcoin with its own shine.