Guys, it's a widely spread practice for content creators to get paid to promote shitcoins. And when I say shitcoins I mean coins that only get pumped up for a short amount of time and then it's being dumped. There is 1 certain way to recognize such projects and this is by looking into CoinMarketCap and checking on the coin's page where it's being traded. If there are just 1 or few Exchanges which I never heard of just STAY AWAY.
I'll give you a fresh example with a shitcoin called Hoge Finance. If you look at their Market's tab you will see this:
The only exchange I've heard of is Uniswap. However when you go to it and you try to select HOGE as trading pair you get this alert:
So basically they are telling the customers that are NOT responsible if they get scammed.
Another example of a classic shitcoin is something called Safemoon.
There is plenty of others, don't listen to anybody - I urge you guys, stay away from those if you value your own money. Do your own due diligence and don't follow anyone's advice who's telling you that any of those piles of garbage are "the Next Bitcoin or Ethereum.
There is plenty of older projects that I would gladly call shitcoins too - XRP, PHT, Pi...
Just stay away and invest in projects that have some meaning, not the next pump and dump shitcoin.
