#CryptoScamSurge When altcoins start shooting up, excitement—and FOMO—go through the roof. New tokens with catchy names and flashy marketing grab headlines, and everyone wants a piece of the next “100×” moon shot. Scammers know this, so they crank up the volume: fake airdrops, phishing sites that mimic your favorite DEX, and “too-good-to-be-true” yield farms that drain your wallet the moment you deposit.
On top of that, inexperienced traders—drawn in by stories of big gains—often skip the DYOR (do your own research) step. They click on random Telegram groups or buy whatever’s trending on social media, making them prime targets for pump-and-dump groups and rug-pull projects. Even well-known influencers aren’t immune to being spoofed, so a single cloned Twitter account can send hundreds rushing into a scam token.