Scammers have refined their tactics to deceive crypto investors. Here’s how their upgraded scheme works:
Launch a Trendy Meme Token: They create a new meme token tied to a currently trending topic.
Fake Telegram Community: They assemble 10–20 people in a Telegram group, posing as enthusiastic crypto degens to build hype.
Professional Website and Paid Promotion: They develop a high-quality website and pay to trend on decentralized exchanges (DEXs) to attract investors.
Rug Pull and Honeypot: Once funds are collected, they execute a rug pull. If someone notices and raises concerns, they block the Telegram group. Some tokens are also designed as honeypots, trapping investors’ funds.
But the scam doesn’t end there… ❗
Scammers create a second Telegram group with different contacts. They target members of the original group, convincing them to pay for a “DEX update” or participate in a fake “community takeover” to complete the rug pull.
In the past 48 hours, two similar scams were reported:
$MP (Meme Party)
Contract Address: 0xEa140C761320a5C7aeBDb36725De48F9EDe115eD
$MLG (MLG Doge)
Contract Address: 0x696969691dab08946E3b5C94a87b255772950BFd
These scams are undermining trust in the crypto space. Stay vigilant!
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Jb & Gb retweeted
Gotta show love to the $BAM community…
They CTOd after dev rugged.
They paid for the DEX.
They started an X community.
They started a TG.
They created an X account @Bam_on_sol .
They created a website.
They support artists on Solana and vibe with the @bonk_inu Art Masters mission.
They are thinking of ways to leverage this token to support artists.
They still show up despite PA on the chart.
They deserve all the credit.
Weak hands sell, smart hands buy, strong hands hold $BAM ❗❗❗
As much as @ScottyTheCoach loves his @GalacticGeckoSG nft
Bam loves gecko too.
$BAM x #CoinGecko
You can now track our coin: coingecko.com/en/coins/bam-b…
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Fam, now we have a verified twitter page for $Bam ❗❗❗
We kindly invite artists, holders, and Solana enthusiasts to follow and share our page.
$BAM is more than a token - it’s a movement to educate, empower, and elevate artists in the Solana ecosystem.
Let's Bam ❗❗❗
xitter.gq/Bam_on_sol
Jb & Gb retweeted
Love seeing $BAM on the first page in top 25 in @xapplehq Let’s BONK screener.
The CTO family has been putting in crazy work behind the scenes completely on their own.
Just found out they’re also building a website to spotlight BONK, BAM and art on Solana. 🫠
Believe has a screener & people loved it.
So we decided to built one for @bonkfun
This is our way of showing love for all the support from @SolportTom and the @bonk_inu community ❤️
Live now: letsbonkscreener.com
Jb & Gb retweeted
🚨 $BAM [@]
🔎 community-driven art token
⛓️ #Solana
💵 FDV: $134k
🗃️ #Art #Community #Meme
🔥 Social Sentiment: optimistic
Rating: 5/5 ⭐
1️⃣ What is BAM by Scotty?
BAM is a community-led token that supports artists on Solana. Created after the original token's failure, it aims to empower creators and celebrate art.
2️⃣ Team and Partnerships
The project is led by Scotty Russell, a dedicated artist committed to uplifting the art community. He actively engages with holders and collaborates with Bonk Art Masters, reinforcing values of creativity and support.
3️⃣ Tokenomics and Utility
BAM has a vast supply with no inflation, allowing for constant support of artists. It's used for transactions within the art community and promotes artistic projects across the Solana blockchain.
4️⃣ Accessibility (Exchanges)
BAM is available for trading on popular platforms like Raydium. It had a trading volume of around $208k in the last 24 hours, indicating decent market engagement.
5️⃣ Sentiment and Price Predictions
The community is buzzing, especially after a listing on CoinGecko. Many believe in a strong comeback for BAM, anticipating price appreciation due to its supportive and artist-focused approach.
🦎 Coingecko: coingecko.com/en/coins/bam-b…
Stay updated with these Influencers:
@Cat_fromdown @chiggamurad @ScottyTheCoach @imsambba @llacryn @S0LSearch @arkacrypto_ @crowbar_crypto @dacryptokid1017 @qthuyle @onchainrape @cryptopaul99 @xiaochunfengaaa @jeffcrypto6947
What did you think of this review? Is there anything that could have been improved? Did you find any errors? What could be added? Which coins should be reviewed next?
More Reviews 👉 @CryptoReview24
Thank you for Following!
❗Huge News for $BAM❗We're thrilled to announce that the $BAM token has been officially approved for listing on CoinGecko! This step amplifies our project's reach and strengthens our position in the crypto market. We will continue to work relentlessly, buckle up for the ride! Let's BAM #CoinGecko
Fam, new updates ❗️❗️❗️
🚀 Just submitted my request to list BAM by Scotty through CoinGecko!
🎫 Request ID: CL1305250031
🔗 GeckoTerminal URL: geckoterminal.com/solana/poo…
$BAM is a CTO reclaimed by the community + artist @ScottyTheCoach after the original token launched with stolen art. Instead of letting it die, Scotty and the family rallied, aligning it with a mission to empower artists on Solana 🚀🚀🚀❗❗❗
Fam, we need your support for $BAM by giving "Likes" from X verified accounts (link below 👇) in order to push for validation, more likes will grant us better visibility and be factored into Jupiter/solflare verification system.
Do your part as a community member to help your coin!
jup.ag/tokens/CWY3XDTbN91sSm…
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Jb & Gb retweeted
GN
Another late night grind in the books…
Can’t wait to share the new work I’m creating for my family at @Collector_Crypt. 👀
They’re the epitome of a dream client. 🤝
Jb & Gb retweeted
Replying to @Traderfinn0 @Finnfein
Hey mate time to support artists like @ScottyTheCoach
He is in the community with $Bam.
Anything is possible when conviction is there from the community.
Fam, links and information were successfully updated on DEXscreener. $BAM as a CTO is officially reclaimed by the community + artist Scotty Russell after the original token launched with stolen art. Instead of letting die, Scotty and the family rallied, aligning it with his mission to empower artists on Solana. As Head of Artist Development through BONK Art Masters, he backs $BAM as an independent tribute supporting the creators of Solana. Let’s BAM!!! dexscreener.com/solana/424jg… .




















