Pleasure Coin: What It Is, Why It’s a Red Flag, and What to Watch For

When you hear about Pleasure Coin, a crypto token marketed as a fun, lifestyle-focused meme coin with no clear purpose or team. Also known as PleasureToken, it’s one of dozens of tokens that pop up overnight with flashy logos, celebrity name-drops, and promises of quick riches—then vanish. These aren’t investments. They’re attention traps.

Look at the pattern: no whitepaper, no GitHub, no team members with real names, and a market cap that’s smaller than your lunch bill. That’s meme coin scam, a crypto project built on hype, not code or community. Also known as rug pull, it’s when creators drain liquidity, abandon the project, and disappear with your money. Pleasure Coin fits this perfectly. It doesn’t power a game, a wallet, or a DeFi protocol. It doesn’t even have a working website. It’s just a token on a blockchain with a catchy name and a lot of social media noise.

And you’re not alone if you’ve seen it. Similar tokens like SBAE, the fake Salt Bae coin tied to no real person or product, or ZEUS, the Pepes Dog token with a 420-trillion supply and zero utility, followed the same path. They all use the same playbook: viral TikTok clips, fake Telegram groups, and influencers paid to shout "1000x!" before the price crashes.

Why do people fall for this? Because they’re looking for an easy win. But crypto doesn’t reward luck—it rewards research. The real winners aren’t chasing the next meme coin. They’re studying exchanges like Kraken and Coinbase, learning how DeFi platforms like Ref Finance or VVS Finance actually work, and avoiding anything that sounds too good to be true. If a token’s whole story is a joke, it’s probably not a joke—it’s a trap.

Below, you’ll find real reviews of crypto projects that went wrong—like BTX Pro, Armoney, and Flowmatic—each one a case study in how scams hide in plain sight. You’ll also see how regulators in the UK and Vietnam are cracking down on these fake tokens, and what you can do to protect yourself before it’s too late. This isn’t about guessing the next big coin. It’s about learning to see the red flags before you click "buy."