This cycle never stops bringing the same old tricks 😩
Seriously, how much do we collectively lose to sketchy projects every single day? The amount of capital flowing into obvious scams and worthless tokens is mind-blowing. You'd think after multiple market cycles, people would start spotting these red flags from a mile away—but nope, it just keeps happening on repeat.
Every bull run brings a fresh batch of rug pulls, honeypots, and zero-value shitcoins that somehow manage to drain retail wallets. The creativity of these schemes is almost impressive if it wasn't so devastating for investors.
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DuskSurfer
· 6h ago
Honestly, these methods of scamming retail investors are nothing new, just a different coat of the same old tricks.
It's always the same old routines. Every time a bull market comes, a batch of retail investors get wiped out. How come they never learn?
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Layer2Arbitrageur
· 6h ago
lmao the gas fees scammers pay to deploy these honeypots could fund actual protocols, mathematically wasteful
This cycle never stops bringing the same old tricks 😩
Seriously, how much do we collectively lose to sketchy projects every single day? The amount of capital flowing into obvious scams and worthless tokens is mind-blowing. You'd think after multiple market cycles, people would start spotting these red flags from a mile away—but nope, it just keeps happening on repeat.
Every bull run brings a fresh batch of rug pulls, honeypots, and zero-value shitcoins that somehow manage to drain retail wallets. The creativity of these schemes is almost impressive if it wasn't so devastating for investors.