TAGZ scam: How to Spot and Avoid Fake Crypto Projects

When you hear about a new crypto project like TAGZ, a token that claims to offer huge returns with no real team or code, it’s easy to get excited. But more often than not, it’s a fake airdrop, a trick to steal your wallet info or trick you into sending crypto to a dead address. The TAGZ scam isn’t unique—it’s part of a growing wave of crypto scams, projects built on hype, not utility, that vanish after collecting funds. These aren’t just risky investments—they’re designed to disappear, leaving you with nothing but a broken link and a drained wallet.

Most of these scams follow the same playbook. They create a flashy website, promise free tokens, and push you to connect your wallet. Once you do, they drain it. Sometimes they fake trading volume on DEXs like Uniswap or PancakeSwap to look real. Other times, they copy names from legit projects—like DOGGY or VIKC—so you confuse them with something that actually exists. The rug pull, when developers abandon a project and take all the liquidity is the endgame. You’ll see trading volume drop to zero, social media go silent, and the team vanish. No updates. No replies. Just silence. And that’s exactly what happened with TAGZ. No whitepaper. No team photos. No GitHub. Just a token with no purpose and a Discord full of bots.

It’s not just about avoiding TAGZ. It’s about learning how to spot the next one. If a project promises 1000% returns in a week, doesn’t show its code, or asks you to send crypto to claim a reward, walk away. Real projects don’t need to beg you to invest—they let their work speak. The crypto fraud, from fake airdrops to cloned websites is everywhere, but your best defense is simple: check the blockchain. Look at token holders. See if the liquidity is locked. Search for audits. If nothing checks out, it’s not a coin—it’s a trap. Below, you’ll find real examples of projects that looked like winners but turned out to be ghosts. Learn from them. Don’t become another statistic.