🧮 Today's lesson: Copycat tokens and tokens with the same name
On-chain, anyone can create a token using the same name and ticker. Having the same ticker doesn't mean it's the same token.
When checking an address, looking only at the first and last few characters isn't enough. A fake address may be deliberately made to match both the beginning and the end.
There's no shame in taking your time. Staying in the game matters more than how much you make in one trade.
When trading on Binance, $DOGE , you don't need to verify the contract address, but there are many tokens called DOGE on-chain.
#DOGE
On-chain, anyone can create a token using the same name and ticker. Having the same ticker doesn't mean it's the same token.
When checking an address, looking only at the first and last few characters isn't enough. A fake address may be deliberately made to match both the beginning and the end.
There's no shame in taking your time. Staying in the game matters more than how much you make in one trade.
When trading on Binance, $DOGE , you don't need to verify the contract address, but there are many tokens called DOGE on-chain.
#DOGE
