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Scams and Rug Pulls are a harsh reality in the crypto world, with fraudulent projects designed to drain funds overnight.
Always be cautious of investments promising guaranteed returns or sounding too good to be true. Prioritize due diligence: research the team, project legitimacy, and community feedback.
Look for transparent, audited projects with clear use cases. Remember, in crypto, skepticism is your best defense, protect your hard-earned money by avoiding red flags and staying informed.