You don't know until you look, and once you do, it's shocking. Recently, #GoPlus issued a security alert stating that there are many "copycat tokens" and "Piaoxiu tokens" (which are tokens that can be controlled by the market makers, making it easy for you to get trapped) with over a thousand addresses already falling into traps, with some losing more than 3 million dollars!
What does this indicate? More and more new users are entering the market, but their awareness of security is still lacking, and fraudulent projects are becoming increasingly rampant.
Tools like #GoPlus, which serve as a "security radar" and "drug detector" for #Web3, can help me with early warnings when I buy tokens, interact, or connect wallets. This is highly recommended for many new users.
Especially when buying tokens on DEX, #GoPlus will give me prompts in advance:
Can this token be sold?
Can it be arbitrarily minted?
Can the transaction fees be modified?
Are the developer permissions concentrated in one address?
Are there any trading restrictions?
With such features, I've basically downloaded the #GoPlus plugin on every computer in the company to assist me with DEX interactions and ensure my safety! 🙏
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