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 Half of Solana Pre-Sales Are Scams, Blockaid Says.

Pre-sales on Solana have become increasingly common following the rapid gains of meme coins like book of meme (BOME).

Scammers are targeting users with social-engineering techniques on social media platforms.
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 The rise of meme coins like book of meme (BOME) has contributed to the increased prevalence of scams on Solana. Scammers have targeted both meme coins and existing projects, indicating a broad scope of malicious activity within the ecosystem. Additionally, the study highlighted the emergence of meme coins with offensive and racist themes, drawing severe criticism from the cryptocurrency community 
 The ease of launching pre-sale campaigns, coupled with investors' fear of missing out on potential profits, has contributed to the increase in fraudulent activity. The hype around meme coins, such as Book of Meme (BOME), has made users more susceptible to scams. The scammers exploit users' enthusiasm and use sophisticated social-engineering tactics to lure investors