3 buzzwords in a token's name should be enough to avoid it completely, and ArbShibAI recent 32 $ETH and 4.3 Billion $AISHIB rugpull shows why
The rapid growth of the Arbitrum network has also played a role in attracting scammers looking to capitalize on the hype surrounding the platform. As the network expands, it becomes a more appealing target for bad actors seeking to steal funds from unsuspecting retail users.Investors must exercise caution when investing in cryptocurrencies and related projects, especially those with limited information and questionable legitimacy.
It is essential to conduct thorough research and due diligence before investing in any digital asset, as the cryptocurrency space is still largely unregulated and vulnerable to fraud. to scams like this, investors should look for projects with transparent teams, clear use cases, and audited smart contracts.
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