Avoid Scam Tokens in the name of late Queen Elizabeth

[348Judah]

This is to bring into our notice on increasing means that can be use to penetrate an attack on begginers and to deceive newbie to invest on the trending "Tokens" in the name of our dear beloved matriarch Queen Elizabeth II of England who died, there have been several launch of NFT looming the internet to take advantage of her reputation by using her name on those tokens in other to present fraudulent scam in their projects which may be unaware to newbies and fall a prey to their net.

Popular NFT marketplace OpenSea has listed thousands of NFTs since the announcement, including photographs of Queen Elizabeth to art pieces associated with popular NFT collections.
https://forkast.news/queen-elizabeth-ii-linked-nfts-flood-into-opensea/

Despite the grief, some crypto vultures are looking to take advantage of the opportunity, launching dozens of Queen-themed meme coins on the Ethereum and Binance BNB Chains. https://dailycoin.com/creators-of-meme-coins-attempts-to-capitalize-on-queens-elizabeth-ii-death/

Warning:

It is very important for newbies to get informed of the new techniques scammers develop to infiltrate on unscrupulous users in cryptocurrency and this is one of such means, the use of NFT scam have been always found ever increasing with new strategies adopted and invoke, these are some of the implication of news and crypto influencers to manipulate users into fraudulent scam by such introduction of tokens in the name of high profile or first class citizens, don't fall their trap by engaging your love and passion for the queen on a wrong project in disguise for Queen's memorial.

[PX-Z]

This is a government-related person, if there is no official released statement of the state from their official website then it is obviously a scam. Anyone who believe this gimmick and buy this shit is a halfwit and shouldn't be in this space ^{(coz probably he will be always be a victim of scam)}

[salad daging]

Beginners should be aware that this is a very clear scam, don't look at it in terms of profit but must be observant and alert not to get caught up in what they make to drain your money, therefore avoid it and look for news that is positive for us, not with the hype trends that we see.

I don't want too many people relying on this obscure meme coin, after all their Queen Elizabeth coin is a scam.

I also saw on twitter a lot of tokens like this, it looks like scamers are doing this blindly.

[CoinEraser]

I’m a little speechless. It’s really sad that even a dead person is being used to make money. From what it looks like, scammers really don’t shy away from anything. I can only advise anyone not to buy something like that. It’s all about making the scammers quick money and nothing else. I really hope not a lot of people fall for that. 

[Jawhead999]

This has been discussed before and I suggest to lock your topic:
1. Crypto markets see flood of Queen Elizabeth memecoins and NFTs
2. Queen Elizabeth and Cryptocurrency

There's already a lot scam tokens can be found everywhere including coinmarketcap, I don't see any reason why we need to warn about scam tokens anymore since it's only have difference on the names only. It's nothing surprised when there's a trend or popular event happen, there's a scammer taking advantage to create a token with the name of the event.

[mk4]

Or avoid the highly obvious scam tokens in general, with the obvious signs of having names of whatever doesn't have any affiliations with them in the first place. (Dogelon Mars, whatever this monstrosity you've mentioned, etc)

[cryptoaddictchie]

Anyone who believe this gimmick and buy this shit is a halfwit and shouldn't be in this space ^{(coz probably he will be always be a victim of scam)}

They are called degen. Yes they even knew that the token is prone to scam and aware of possible rug pull. But their not halfwits. They just risking higher than typical people. Cant really advise newbies or anyone to invest on such hype coins or tokens but this kind of situation are being ride by some CTs whom are not afraid of losing but instead brave enough to earn a lot of multiplier knowing the consequence.

I remember my degen plays before that even earn 20x to 50x knowing its a scam but of course I knew the risk. Its just a shamed to take advantage of such an event where a popular person died.

[Rruchi man]

These scammers are really fast, it is very remarkable how within just 24 hours of the queens death, they have launched scam tokens themed around her. You will be surprised that they already may have gotten a few victims who have fallen prey especially those in the UK. I sincerely hope no newbie here is that dumb not to be able to discern that this is another activity of scammers.

[RockBell]

I'm grateful for this knowledge. Scammers will undoubtedly begin fabricating things in the wake of her passing. As previously stated, we should be cautious about the projects we invest in at this time because scammers are becoming more well-known, so any new information they learn will be used to perpetrate fraud, particularly with regard to NFTS, which the writer claimed to be the case. Since knowledge is power and has already been disseminated, the adage "word is enough for the wise" applies here, so if you have any questions about anything, feel free to ask them on this forum, which has many packages and knowledgeable

[$crypto$]

These scammers are really fast, it is very remarkable how within just 24 hours of the queens death, they have launched scam tokens themed around her. You will be surprised that they already may have gotten a few victims who have fallen prey especially those in the UK. I sincerely hope no newbie here is that dumb not to be able to discern that this is another activity of scammers.

Maybe the scammers after hearing this news immediately made tokens and traded them on the DEX they continued to trap many people with the theme (Queen) like this and I read the article that this meme coin increase has increased by several percent due to their much interest in the newly created token a day that's why I guess the scammers seem to keep preying on the falling victims in their tokens.
It's ironic that there is such a thing but there are still many who get stuck and buy it.

[FatFork]

Unfortunately, the cryptocurrency space is still new and unregulated, giving scammers plenty of ways to dupe unsuspecting victims. It's sad that scammers are taking advantage of the Queen's passing by introducing tokens featuring her name. The truth is that using the name of anyone or anything for promotional purposes in the cryptocurrency space will eventually be identified by a vigilant community, and in most cases be condemned. Especially when it is about a deceased person.

As the cryptocurrency industry continues to grow, so too will the number of scams that come with it. The best way to combat this problem is by banding together as a community and being vocal about these fraudulent schemes whenever they arise. If you see someone promoting tokens that seem fishy or are taking advantage of recent world events, please speak up, because as long as we continue to remain silent, then scammers will continue to get away with their crimes. The cryptocurrency and blockchain community is one of the most innovative, hard-working groups of people in the world, and we should not allow ourselves to be taken advantage of by criminals who are only interested in making a quick buck. The more we speak up, the less likely they are to succeed.

[DeathAngel]

There’s always a scammer of some sort, trying to profit off tragedy. Some of these people have a special place in hell waiting for them. I hate reading about people who fall victim to scams like this.

RIP Her Majesty.

[electronicash]

despite the warnings many of the newbies fall for this thinking the price will go up and they can double the investment instantly. there are many of them talking in social media about these queen meme tokens. and they are reminded of doge and shib to entice them to buy.
watchout for joe biden inu and putin inu. while its not yet out, warn the newbies already.

[Cee2]

Damn, I’m amazed at the speed of these scammers it hasn’t even been 24h.

[Anonylz]

Waw! scammers don't waste any time at all it seems, it is not even up to 24 hours since the queen's death was announced and already there are several shittokens in her name! who will be so dumb enough to buy such shittokens anyways?
This is one aspect where decentralization is not so good, anyone can just create any fake project to scam people, I hope people will be smart enough to avoid any project with the late queens name.

[tvplus006]

Using the name of a public person in the name of a coin should already be a red flag for everyone. I admit that a commemorative coin may be issued in memory of Queen Elizabeth II of England, but such issues are accompanied by a statement from an official source.

[dimonstration]

despite the warnings many of the newbies fall for this thinking the price will go up and they can double the investment instantly. there are many of them talking in social media about these queen meme tokens. and they are reminded of doge and shib to entice them to buy.
watchout for joe biden inu and putin inu. while its not yet out, warn the newbies already.

Most of the victim is not a newbie at all but rather just fool trader that willing to risk money for a quick returns on this pump and dump token. This shitcoins works like a ponzi and risk taker investors knew it but still they are doing a high risk high reward scheme. Only few innocent newbie fall victim on this because it’s very hard to find this kind of tokens if you are not familiarize on where to find it. It’s either they was recruit to buy or forcefully invite to the group to see this scam tokens.

[goinmerry]

Taking advantage of the name of the late Queen Elizabeth is something we can't avoid of.

But honestly, will there really be people that will be believed in such projects without doing DYOR?

In that case, I don't know who's to blame in terms of possible scams that will happen.

[posi]

Using the name of a public person in the name of a coin should already be a red flag for everyone. I admit that a commemorative coin may be issued in memory of Queen Elizabeth II of England, but such issues are accompanied by a statement from an official source.

As for the release of a tribute to the queen, it must be the UK government or possibly the queen's family that is responsible for this release. The proceeds from the sale of tokens or NFTs should be donated to charities or to funds that help people in need. It should not be issued by scammers with the aim of taking people's money for their own. All projects like this should be red flags to warn people and stay away from them if someone doesn't want to become a victim.

[albon]

Scammers are taking advantage of trending events to spread their scams, beginners should beware of any coins or NFTs bearing the name of the late Queen Elizabeth, scammers want quick money by cheating and deceiving innocent people so avoid clicking on unknown links or avoid temptations that come to you on telegram or email And avoid buying from unknown exchange platforms because scammers target unthinking and greedy people.