- PeckShield Team has has detected more than 100 LUNA and Terra projects are created on BNBChain.
According to PeckShield, ~7 LUNA projects are Honeypot. ~1 Terra is at high sell tax and over 80 projects are at high risk due to insufficient liquidity or no BNB pair.
Not much information is available about these projects as they are not listed on any major crypto exchange, and we could not find their official website.
We have discussed some these projects like Baby Luna and Terra Luna Classic. After our investigation, we have found that both of these projects are scam. Here is the link our investigation, if readers want to know more:
We will recommend our readers to be careful and perform their own research before investing in it. As crypto scams are increasing nowadays, our readers should stay alert.