Thank you for your input. I just checked CoinMarketCap to double check if the link for original BitcoinReserve website is legit and it seems that it is. But nevertheless for some reason Virustotal detects malware on the site. So I'm not sure if original site is scam or not.
I just checked their website,it seems that their Telegram cannel isn't working and that their Twitter account is closed. Maybe they already closed operation but who knows. Didn't know that Uniswap scams like this are existing:)
It’s possible that the entire project is a scam. I honestly haven't heard of it before. Every investor's trust in them depends on the amount of research they've done themselves.
If their official website has been flagged as a phishing site, that's a red flag that should be taken seriously. Also, if they stop updating the project and their channels have become inactive and lacking engagement, that's another red flag indicating that the community has lost interest in the project.
As for meme projects, they are inherently high-risk, and anyone considering investing in such coins should be aware that even if the project is legitimate, there’s still a high possibility of losing all their money.
It's important to note that sites like CoinMarketCap and centralized and decentralized platforms can list even scam or failed projects in exchange for certain fees. Therefore, a project's presence on these platforms doesn't necessarily mean it's trustworthy or legitimate.