How can several coins have the same name?
The most reliable way to distinguish on-chain tokens is by their contract address, called the Mint address on Solana.
On-chain, anyone can create a token with the same name and ticker. The same ticker doesn’t mean it’s the same token.
When managing your funds, the most important thing to remember is this: before buying new coins labeled “second generation” or “upgraded version,” check the original project’s official channels to confirm they’re legitimate.
$DOGE 0.08477(-2.28%)
#DOGE
Crypto is risky. Invest with caution.
The most reliable way to distinguish on-chain tokens is by their contract address, called the Mint address on Solana.
On-chain, anyone can create a token with the same name and ticker. The same ticker doesn’t mean it’s the same token.
When managing your funds, the most important thing to remember is this: before buying new coins labeled “second generation” or “upgraded version,” check the original project’s official channels to confirm they’re legitimate.
$DOGE 0.08477(-2.28%)
#DOGE
Crypto is risky. Invest with caution.