Let’s talk about copycat tokens and tokens with the same name.
Whenever a popular meme coin appears, a bunch of copycats with identical or similar names—or names that differ by just one letter—often pop up soon after.
To be honest, I only learned this later: when checking an address, looking at just the first and last few characters isn’t enough. A fake address may be deliberately generated to have the same beginning and ending.
When trading on Binance, $DOGE , you don’t need to worry about contract addresses. But on-chain, there are countless tokens called DOGE. Currently at 0.08465.
There’s no shame in taking your time. Staying in the game matters more than how much you make in a single trade.
This is just my personal opinion, not a basis for trading.
Whenever a popular meme coin appears, a bunch of copycats with identical or similar names—or names that differ by just one letter—often pop up soon after.
To be honest, I only learned this later: when checking an address, looking at just the first and last few characters isn’t enough. A fake address may be deliberately generated to have the same beginning and ending.
When trading on Binance, $DOGE , you don’t need to worry about contract addresses. But on-chain, there are countless tokens called DOGE. Currently at 0.08465.
There’s no shame in taking your time. Staying in the game matters more than how much you make in a single trade.
This is just my personal opinion, not a basis for trading.