Thanks for your reply. 😃
The reasons are certainly varied as to why someone would want to buy the coin.
Some are certainly hoping to catch the next Dogecoin or ShibaInu, simply because they see it as a memetoken. Others see the exorbitant returns and, again you are right, greed makes blind in this case.
Meanwhile, the scammers have also put up a website (scam-site: https://cointrump.info/) where they talk about Trump's re-election, exaggerated returns and that the coin is "rugpull-free".
However, I do think that education is an integral part of the defensive measures. Education about not being trusted and to always verify those project is key. People can't see the fraud and the futility if they are not able to do so in the first place.
But even with sufficient education, there will always be the cases that people just see the greed or simply don't look enough.
In fact, the biggest profit of the scammers is when people start recommending the coin to their friends and relatives and repeat the promises. In this way, people add the trust from the relationship on top of everything else, which then usually acts like a chain reaction.
And to most of those who just want to join the pump without dump is said that with SquidToken a mechanism alone made the sale impossible. The position could not be liquidated no matter what was tried.
RE: The ongoing scam of Trump Coin