We used to see a new coin every month or two on the Binance platform
But for the past two months, the platform has listed a coin or two every week, and sometimes three coins
A few of them represent a quick opportunity to double your portfolio, but after a few days many people's wallets are destroyed due to prolonged trading in the same coins
Most of them are coins that drain new investors specifically, relying on a plan that has become transparent, where 30% of the token is offered with a certain liquidity to list the coin at an illusory price
After a few days, the remaining tokens are released in stages
In the end, you find that the coin was launched at a price multiple times higher than the real price
And it is a legal scam that relies on the naivety of the trader
In the end, the law does not protect the fools