**PAWS Coin Scam: A Warning for the Crypto Community**

The recent **PAWS Coin** controversy highlights the risks of low-cap, hype-driven tokens. Marketed as a community-focused project with promises of exchange listings and celebrity endorsements, PAWS Coin allegedly turned out to be a **rug pull**—a scam where developers abandon the project after draining liquidity.

### **How the Scam Unfolded:**

1. **False Promises**: The team aggressively promoted upcoming listings on major exchanges, but these claims were never verified.

2. **Pump & Dump**: Early investors shilled the coin, creating artificial demand before insiders sold off, crashing the price.

3. **Liquidity Removal**: Developers disabled social channels and withdrew funds, leaving holders with worthless tokens.

### **Lessons for the Crypto Community:**

- **DYOR (Do Your Own Research)**: Verify team identities, audit reports, and exchange listing claims.

- **Check Liquidity Locks**: Scam coins often have unlocked or short-term locked liquidity.

- **Beware of Hype**: If a project relies solely on influencers and memes, it’s a red flag.

### **Victim Response:**

Affected investors are organizing on Telegram and Twitter to expose the scam, but recovery is unlikely. Always **#StaySAFU—stick to audited projects with transparent teams. **#CryptoScamAlert** #PawsCoinExposed