$SUI

Warning: Most meme coins on Dex Screener are scams!

Here's how scammers operate and how to stay safe.

Almost every trader in meme coins has fallen into the trap of a fraudulent coin at some point - I've been there too. Unfortunately, there are unreliable developers and tech managers preying on newcomers and even experienced traders.

If you are looking for the next big opportunity, high trading volumes can be tempting, especially with low market cap coins - it’s a major driver of fear of missing out.

So, how do you avoid bad trades? Start by analyzing trading volume and the number of holders.

Most traders rely on tools like Dex Screener for insights on coins. If the coin has no trading volume, it’s not worth further analysis - that’s an immediate red flag.