The token’s name says, “Visit such-and-such website to claim your rewards.” Should you trust it?
Definition: Some scam token contracts have trading restrictions, so you can buy but not sell. The valuation shown in your wallet may be fake.
How it works: Wallet valuations are generally calculated based on quotes from on-chain trading pools. Scam tokens’ prices can easily be artificially inflated, so don’t take the displayed numbers at face value.
A quick look: $ETH shows 2373.87, 24h -2.18%.
Be extra cautious with projects that promise high returns.
This isn’t financial advice. Make your own decisions when buying or selling.
Definition: Some scam token contracts have trading restrictions, so you can buy but not sell. The valuation shown in your wallet may be fake.
How it works: Wallet valuations are generally calculated based on quotes from on-chain trading pools. Scam tokens’ prices can easily be artificially inflated, so don’t take the displayed numbers at face value.
A quick look: $ETH shows 2373.87, 24h -2.18%.
Be extra cautious with projects that promise high returns.
This isn’t financial advice. Make your own decisions when buying or selling.