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Since July 7, the price of Ethereum (ETH) has continued to rise, sparking market expectations for a new bull run. A month later, on August 11, ETH has broken through the $4300 barrier, with an astonishing increase.
Looking back at history, we had already released relevant predictions before the bull run began. However, with the arrival of the altcoin season and the rising market sentiment, various scam activities have also started to emerge.
Recently, some criminals have started spreading false information, claiming to have obtained amazing returns through ETH investments. They lure people into buying ETH and investing in certain projects, promising huge profits. Please be aware that these are typical scam tactics.
At this critical moment, I want to remind all investors:
1. Be cautious in protecting your digital assets and do not easily trust promises that seem too good to be true.
2. Make sure to conduct thorough research and understanding before investing, and do not blindly follow trends.
3. For unfamiliar projects or investment opportunities, it's better to miss out than to take risks.
I hope everyone can stay vigilant and stay away from these potential scam traps. In the cryptocurrency market, rationality and caution are always the best investment strategies. Let's work together to maintain a healthy and safe investment environment.