Why can several coins appear with the same name?
When a popular meme coin launches, a bunch of copycat coins with identical or similar names—or names that differ by just one letter—often pop up soon after.
Token names can be made up freely, but contract addresses can’t be forged to be exactly the same, so checking the address is far more reliable than looking at the name.
When trading on Binance $DOGE , you don’t need to worry about contract addresses, but there are countless tokens called DOGE on-chain.
Don’t trade with borrowed money; the pressure can easily push you into making bad decisions.
#DOGE
Stay rational and don’t get carried away.
When a popular meme coin launches, a bunch of copycat coins with identical or similar names—or names that differ by just one letter—often pop up soon after.
Token names can be made up freely, but contract addresses can’t be forged to be exactly the same, so checking the address is far more reliable than looking at the name.
When trading on Binance $DOGE , you don’t need to worry about contract addresses, but there are countless tokens called DOGE on-chain.
Don’t trade with borrowed money; the pressure can easily push you into making bad decisions.
#DOGE
Stay rational and don’t get carried away.