Binance recently listed a BRC-20 token which may likely be another meme token but the name of this is 1000SATS. We know that Sats are use to calculate smaller amounts of Bitcoin but the 1000SATS is totally different its an altcoin created by an anonymous team.
We know Bitcoin halving and ETF is on the way which means more bulls than bears to bitcoin investors and this also as attracted scammers and so we should be cautious of how we store our bitcoin and scam projects like this.
Binance Adds New Altcoin: A Tribute to Satoshi Nakamoto
We know Bitcoin halving and ETF is on the way which means more bulls than bears to bitcoin investors and this also as attracted scammers and so we should be cautious of how we store our bitcoin and scam projects like this.
Binance Adds New Altcoin: A Tribute to Satoshi Nakamoto
Binance has been attracted to the volume it brings up to their exchange that's why they doesn't care about if its scam or not so the only thing we do here is to be vigilant on their new listing since Binance acts weird recently and maybe they are trying to recover back their losses due to some controversy happened on their exchange that's why they add those suspected scams and will not care if this token or other will do a rug pull in their exchange or simply abandon their tokens listed there.
Yeah expect a lot of scams to come when bull season is speculated to come that's why we need to do extra careful and always research then ask some feedbacks regarding on investment decision we want to take since scammers are now preparing for some huge gimmick to attract their potential victims and scam them.
