Posted 4/10/2024, 3:42:00 PM
Scam Alert: Solana Pre-Sale Boom Marred by Surge in Scammers Targeting Investors' FOMO
- Pre-sales on Solana have surged in popularity after meme coins like BOME rapidly gained value
- Scammers are increasingly targeting Solana pre-sale investors using social engineering on platforms like Telegram
- Blockaid estimates 50% of recent Solana pre-sale launches have been scams or malicious
- Scammers trick investors into interacting with malicious contracts or websites to steal funds
- The ease of launching Solana pre-sales and investors' FOMO has led to a sharp rise in scams
