Scam Tokens named after Elon Musk flooded the crypto market!
Some of the scam tokens are Rugpull cryptos wherein devs usually take all funds when it reach its all time high leaving investors with 0 profit and all of their investments will be gone
Take a look at the teeet by PeckshieldAlert wherein they warned users about Elona
This is why research is really important when you want to invest in crypto, especially tokens that are newly made by unknown devs