Ways to confirm if a crypto token is legit.
Check the team: Check the team behind the project. Check their business background, experience in the crypto industry, and whether they have verifiable social media profiles.
White Paper: Read the project white paper to understand its objectives, technology, and applications.
Community Engagement: Monitor the project’s social media channels, events, and community.
Audit: Check if a reputable company has conducted a safety audit of the project.
Partnership: Research project participation. Legitimate projects often require collaboration with established companies or organizations in the industry.
Use Case: Check if the token has a clear use case and solves a real world problem.
Tokenomics: Understand tokenomics, including the overall supply
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