Dozens of new tokens appear every day on pancakes and on average end up in a rug. I had a bad experience buying new tokens on pancakes because I lost tens of dollars there.
there is always risk of investing on shitcoin listed on pancakeswap, most shitcoin on pancakeswap i consider as shitcoin because only shitcoin & poor dev could listing their token there because its only cost about 10$ to get list on the exchange & extra liquidity ahaha
that's right, but etherdelta much way better than pancakeswap, u know right when the developers adding liquidity and they could easily pull the liquidity right away after investor buy in their token that already listed.