Webacy's Top Three Warning Signs for Meme Coin Scams

While meme coins may seem like a fun investment, they are highly volatile and pose a risk of scams. Webacy, a blockchain analytics firm, warns investors of three key signs of meme coin scams. These include concentrated holders, shady influencers, and special powers such as unlimited token supply. To protect oneself, it is recommended to conduct thorough research and use safety screens and risk scores on analytics sites.