Speaking of scams like PIPPIN, I have an observation: for those coins that have already seen exaggerated gains, shorting might actually be a viable approach.

What's the key? Never set a stop-loss.

It sounds aggressive, but the logic is simple— the more a scam coin skyrockets, the larger its correction potential. As long as you can withstand short-term fluctuations, you will most likely profit in the end. Of course, this assumes you have enough judgment of the coin's fundamentals and hype cycle.

Risk is your own, but the strategy can serve as a reference.