Some folks are out there calving a notch for themselves in the fraudulent act they know how to do best. They specialize in making away with people's fund invested in their activities.
There are many meme projects springing up daily, most with good write up about their proposed plan of action and road map. A lot of them are so smart that they don't their i's and cross their t's perfectly and shelding their original intentions from unsuspecting investors. Every investor crave the opportunity of identifying a project or an investment opportunity early enough and been able to take the opportunity for maximum profit.
Knowing this as the dilemma or sickness of most investors, imposters and fraud stars kept flooding the space with lots of projects most of which are meme shit coins with nice concept. I was a victim of a project called Helloswap. The project had a total supply of 400,000,000 token and all the concept surrounding it were great. Only to discover that the team had ran away with our funds in about 2weeks from the proposed listing date which was July 21, 2021. A lot of people became victim of these nefarious act as they deleted they telegram group page.
Another one in recent time was a project called Trident. They team had also rug pulled and deleted their telegram group page after raking in lots of people's fund. They even went a step further by listing on coin market cap to further cover up their antics. It's dangerous out there sticking your neck out.