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Topic: Avoid Scam Tokens in the name of late Queen Elizabeth - page 3. (Read 526 times)

sr. member
Activity: 2296
Merit: 256
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yes it might happen. but it never happened to me about it. based on what I experienced during the bull market at least IEOs can generate tens of times the sale price even hundreds of times for the token sales they hype. but the risk is always there, even until now the correct prediction for the project is not there, we just make sure it happens at least 80%
sr. member
Activity: 1400
Merit: 268
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Can't believe someone use other person grief to make a scam, that's such an inhumane thing to do. But what makes me more surprise is that some people actually believe that the Official UK Government release a crypto or NFT related to the Queens death.
sr. member
Activity: 1372
Merit: 348
These scammers are really fast, it is very remarkable how within just 24 hours of the queens death, they have launched scam tokens themed around her. You will be surprised that they already may have gotten a few victims who have fallen prey especially those in the UK. I sincerely hope no newbie here is that dumb not to be able to discern that this is another activity of scammers.

I think these scam tokens in the name of the late Queen Elizabeth is created by the same people who always exploit certain events and trends and later poof.  This is obvious a scam projects that exploits naïve investors and newbies and eventually run away with the funds.  I hope not many will fall victim to this scam.
hero member
Activity: 2814
Merit: 526
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There will be always victims fall into this kind of thing to pay their "tribute" to the queen. I mean I feel bad to whoever falls for it especially in this kind of time. Just avoid whatever coins from non-official team especially bringing the Queen's name, they are trying to milk you.
full member
Activity: 1582
Merit: 132
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Exactly, many people are really utilizing this condition, creating many more meme coins related to Queen Elizabeth II's dies. And many newbies may be attracted and then trapped in the shit meme coin and NFT. Be careful because sometimes, your respect doesn't mean buying the coin or NFT. Moreover they are commonly created by scammers. I see that many people are attracted to buying the assets, because of the hype, and we actually don't know if the coins or NFT will last longer. This is only a kind of extraordinary temporary event that will only cause hype and FOMO. So, this may not be suitable for long-term investment, and not suitable for newbies who don't know how to utilize the chance and the time to buy and sell. Be careful once more.
hero member
Activity: 1890
Merit: 831
Most people of colour will already be avoiding any token concerned with exploiting any emotions related with someone who recently died as well, What I do know is there are going to be numerous NFT's on and off for months to come, since NFT can be said ' a piece of art ' people would usually try and sell it knowingly unknowingly creating a big deal out of nothing, at the end when they realize that they have been scammed they are not only going to hate the scammer but also the queen as well, thus I do think that you have to understand to ' filter the scams ', ' not be a part of it ' ( don't spread anything anywhere)
sr. member
Activity: 1288
Merit: 231
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It's funny how people really go around using hit names to make up scam tokens, and the greedy/newbie investors will always be victim, they couldn't even wait a little. First was the SquidGame which scammed people millions of dollars.
Thanks for bringing this up this early, only if people will not be ignorant and invest in this shitcoin
legendary
Activity: 1890
Merit: 1537
Scammers are taking advantage of trending events to spread their scams, beginners should beware of any coins or NFTs bearing the name of the late Queen Elizabeth, scammers want quick money by cheating and deceiving innocent people so avoid clicking on unknown links or avoid temptations that come to you on telegram or email And avoid buying from unknown exchange platforms because scammers target unthinking and greedy people.
hero member
Activity: 2268
Merit: 579
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Using the name of a public person in the name of a coin should already be a red flag for everyone. I admit that a commemorative coin may be issued in memory of Queen Elizabeth II of England, but such issues are accompanied by a statement from an official source.

As for the release of a tribute to the queen, it must be the UK government or possibly the queen's family that is responsible for this release. The proceeds from the sale of tokens or NFTs should be donated to charities or to funds that help people in need. It should not be issued by scammers with the aim of taking people's money for their own. All projects like this should be red flags to warn people and stay away from them if someone doesn't want to become a victim.
legendary
Activity: 2940
Merit: 1083
Taking advantage of the name of the late Queen Elizabeth is something we can't avoid of.

But honestly, will there really be people that will be believed in such projects without doing DYOR?

In that case, I don't know who's to blame in terms of possible scams that will happen.
hero member
Activity: 2716
Merit: 698
Dimon69
despite the warnings many of the newbies fall for this thinking the price will go up and they can double the investment instantly. there are many of them talking in social media about these queen meme tokens. and they are reminded of doge and shib to entice them to buy.
watchout for joe biden inu and putin inu. while its not yet out, warn the newbies already.


Most of the victim is not a newbie at all but rather just fool trader that willing to risk money for a quick returns on this pump and dump token. This shitcoins works like a ponzi and risk taker investors knew it but still they are doing a high risk high reward scheme. Only few innocent newbie fall victim on this because it’s very hard to find this kind of tokens if you are not familiarize on where to find it. It’s either they was recruit to buy or forcefully invite to the group to see this scam tokens.

legendary
Activity: 2268
Merit: 1655
To the Moon
Using the name of a public person in the name of a coin should already be a red flag for everyone. I admit that a commemorative coin may be issued in memory of Queen Elizabeth II of England, but such issues are accompanied by a statement from an official source.
hero member
Activity: 2562
Merit: 577
Waw! scammers don't waste any time at all it seems, it is not even up to 24 hours since the queen's death was announced and already there are several shittokens in her name! who will be so dumb enough to buy such shittokens anyways?
This is one aspect where decentralization is not so good, anyone can just create any fake project to scam people, I hope people will be smart enough to avoid any project with the late queens name.
copper member
Activity: 97
Merit: 2
Damn, I’m amazed at the speed of these scammers it hasn’t even been 24h.

legendary
Activity: 3178
Merit: 1054
despite the warnings many of the newbies fall for this thinking the price will go up and they can double the investment instantly. there are many of them talking in social media about these queen meme tokens. and they are reminded of doge and shib to entice them to buy.
watchout for joe biden inu and putin inu. while its not yet out, warn the newbies already.
legendary
Activity: 3304
Merit: 1617
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There’s always a scammer of some sort, trying to profit off tragedy. Some of these people have a special place in hell waiting for them. I hate reading about people who fall victim to scams like this.

RIP Her Majesty.
legendary
Activity: 1624
Merit: 2594
Top Crypto Casino
Unfortunately, the cryptocurrency space is still new and unregulated, giving scammers plenty of ways to dupe unsuspecting victims. It's sad that scammers are taking advantage of the Queen's passing by introducing tokens featuring her name. The truth is that using the name of anyone or anything for promotional purposes in the cryptocurrency space will eventually be identified by a vigilant community, and in most cases be condemned. Especially when it is about a deceased person.

As the cryptocurrency industry continues to grow, so too will the number of scams that come with it. The best way to combat this problem is by banding together as a community and being vocal about these fraudulent schemes whenever they arise. If you see someone promoting tokens that seem fishy or are taking advantage of recent world events, please speak up, because as long as we continue to remain silent, then scammers will continue to get away with their crimes. The cryptocurrency and blockchain community is one of the most innovative, hard-working groups of people in the world, and we should not allow ourselves to be taken advantage of by criminals who are only interested in making a quick buck. The more we speak up, the less likely they are to succeed.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
These scammers are really fast, it is very remarkable how within just 24 hours of the queens death, they have launched scam tokens themed around her. You will be surprised that they already may have gotten a few victims who have fallen prey especially those in the UK. I sincerely hope no newbie here is that dumb not to be able to discern that this is another activity of scammers.
Maybe the scammers after hearing this news immediately made tokens and traded them on the DEX they continued to trap many people with the theme (Queen) like this and I read the article that this meme coin increase has increased by several percent due to their much interest in the newly created token a day that's why I guess the scammers seem to keep preying on the falling victims in their tokens.
It's ironic that there is such a thing but there are still many who get stuck and buy it.
sr. member
Activity: 952
Merit: 391
Underestimate- nothing
I'm grateful for this knowledge. Scammers will undoubtedly begin fabricating things in the wake of her passing. As previously stated, we should be cautious about the projects we invest in at this time because scammers are becoming more well-known, so any new information they learn will be used to perpetrate fraud, particularly with regard to NFTS, which the writer claimed to be the case. Since knowledge is power and has already been disseminated, the adage "word is enough for the wise" applies here, so if you have any questions about anything, feel free to ask them on this forum, which has many packages and knowledgeable
legendary
Activity: 1456
Merit: 1108
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These scammers are really fast, it is very remarkable how within just 24 hours of the queens death, they have launched scam tokens themed around her. You will be surprised that they already may have gotten a few victims who have fallen prey especially those in the UK. I sincerely hope no newbie here is that dumb not to be able to discern that this is another activity of scammers.
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