How to Identify Scams and Avoid Rug Pulls

The crypto space is full of opportunities, but it’s also riddled with scams. Rug pulls, fake projects, and phishing attacks are common. Always do your own research (DYOR) before investing. Check the project’s team, roadmap, and community engagement. Look for audits and transparency in the project’s code. If a project promises unrealistic returns or pressures you to invest quickly, it’s likely a scam. Stay vigilant and protect your funds. #ScamAlert #StaySafe

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