{"id":358703,"date":"2022-11-20T21:44:41","date_gmt":"2022-11-21T02:44:41","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=358703"},"modified":"2022-11-20T21:44:41","modified_gmt":"2022-11-21T02:44:41","slug":"football-inu-token-turns-out-to-be-fake-should-you-invest-in-fifa-tokens","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/football-inu-token-turns-out-to-be-fake-should-you-invest-in-fifa-tokens","title":{"rendered":"Football INU Token Turns Out To Be Fake: Should You Invest in FIFA Tokens?"},"content":{"rendered":"

As the FIFA World Cup 2022 kicks off in Qatar, there\u2019s a lot of excitement on all spectrums.<\/p>\n

Moreover, the crypto industry has been getting ready to welcome the World Cup, as more and more football-themed crypto projects and coins pop up for football fans to invest in.<\/p>\n

According to a report by KuCoin, \u2018When Crypto Meets Football\u2019, there is a clear showcase of how crypto investors engage with their favorite sports when it comes to Web3. The survey, which involves 20,183 respondents gave some staggering results, more of which you can read below.<\/p>\n

When it comes to these crypto projects, one such project is Football Inu, which has all the signs of it being a fake crypto project which has the perfect recipe for scamming people- generating hype around a socio-cultural event, launching a shitcoin lacking the right fundamentals, lure the investors in and then blocking them from withdrawing their own investment.<\/p>\n

Here\u2019s what happened with Football Inu and why you should be careful before investing in the current football season.<\/p>\n

Football INU: What Should You Know So Far<\/b><\/h2>\n

As far as some speculations are concerned, the Football INU PancakeSwap token might be a scam. According to a YouTube channel that goes by the name of Jacob Crypto Bury, the crypto Football Inu has all the red flags of a scam.<\/p>\n