The number of fraudulent tokens after TRUMP's launch increased by 206%, and the number of counterfeit DApps surged by 14 times

2025-01-28 11:04:19

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ChainCatcher news reports that analysts claim that after Trump launched the meme coin TRUMP, scammers deployed a total of 6,800 fraudulent tokens and 91 counterfeit DApps.

Analysts stated that within just 48 hours of its release, TRUMP's market capitalization reached $72 billion, creating a "perfect storm" for fraudulent activities. However, this surge attracted not only speculators but also malicious actors looking to exploit the frenzy.

The report shows that on the day the token was launched, the number of tokens using the name "Trump" increased by 206%, from 3,300 to 6,800. Additionally, the day after the launch of the meme coin, the number of counterfeit apps grew 14 times, with over 90 counterfeit applications appearing in just 24 hours.

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TRUMP fraudulent tokens Meme coins

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