New coin are scam nowadays

[Jacky]

Many new coins become scam or dead coins. That is why we need to select the right coins, especially from ICOs. I have seen many cases about scam coins from ICOs. Scammers become smarter and make different ways to scam people. So, be careful to choose crypto coins today.

[Prime]

I won't say that all new coins are scams. But, we also cannot ignore that many new coins are scam or shitcoins.
This is too bad because there are growing scammers that deceive many investors and participants. Moreover, there are also many shitcoins after being on the exchange, they have no value and volume.

[Fenix]

New coins are represented by various teams from all over the world. Of course, multi-million dollar fees have always attracted and will attract various fraudsters. However, in any case, there will always be new useful ideas in ICO projects that will be embodied in their new tokens. Therefore, it cannot be argued that all new coins and tokens are useless and are frauds. We still see the emergence of good ICO projects, which, even in this difficult period, are successfully completed and continue to develop.

[UNIVERSE]

Well, actually, I also think so. In this dump market, I also find many coins that are scams, or projects offered are scams. It is very annoying because, in the bear market, they make the crypto worse. That is why we must be careful when participating or buying such coins.

[aiviaa485]

It's true that CoinMarketCap is always active when it is full of Bitcoin trading volumes.
If the coin is good and the volume is small then CoinMarketCap will not display the best in the top ranking.

[Domithra]

The issue of scam coins is not a new thing in the crypto space. It is not necessary that all new coins coming up are scam. This is why there has been several announcement made on the scam sections and other threads to create more alertness on these scam projects. Since it is a free market, it is also required of every investor to do a personal research into a project before investing in it.

[Warung_lontong]

it is true that today there are so many scam coins, and we must be more careful in choosing coins, and we should invest in large coins for the long term.

[tonymillions84]

i remembered the days of verge and siacoin. they sounds like vet and tron of today. i wonder what this crypto space will be like by 2030. we might expect a token that might out-smart bitcoin if possible. i doubt if it will happen. with the way things are going we might see set of new tokens topping the list on coinmarketcap.

[Nolkupit46]

Yes brother you just say very important and effective information because maximum bounty campaign are scams and fake ico arrangements. I don't believe new coins.

[jet]

There are not scam project. Most of the project failed to reach soft cap during ICO and turn out to be not paying for our work but it does not means its a scam project its totally different. There are many project out their bit only few to succeed. So better examined the project before join in to avoid waste of time.

[Luckyperson21]

Right. I already know that. Therefore, I have never made a coinmarketcap as a reference for buying tokens or coins. Better to visit their site.

[Quart]

There are many scams but certainly not all coins. Some coins are good to buy even they are still at low prices. We cannot blame all the mistakes on the projects, we also need to consider the bearish effect. So, we must be wise to deal with the problem.

[88percent]

Scams are everywhere and every time. They are always there and appear to crypto space. Until now, there is no way to stop the scams. But we can know or determine whether the scams or good projects. It is the only way to prevent from following scam projects.

[verifyme]

Exactly. I personally find out some scam coins from airdrops or even the ICO or IEO projects..
They are very professional. But then, they are not worthy because of the scam. I think we need to be careful and smarter when choosing to participate or buy a certain coin.

[GREENch85]

Recently I read an article about the Envion project (they collected about $100 million on the ICO). Now the startup is in the process of bankruptcy. And as all well began.