#AirdropSafetyGuide Beware: Most Memecoins on Dexscreener Are Scams!
Here’s how scammers operate and how to stay safe.
Almost every memecoin trader has fallen for a scam token at some point—I’ve been there too. Unfortunately, shady developers and CTOs exist, preying on newcomers and even experienced traders.
If you're searching for the next big opportunity, high trading volumes can be tempting, especially with low market cap tokens—it’s a major driver of FOMO.
So, how do you avoid bad trades? Start by analyzing trading volume and holder count.
Most traders rely on tools like Dexscreener for token insights. If a token has zero trading volume, it’s not worth further analysis—that’s an instant red flag.