Crypto Scam Detector
Is This Crypto Project Legitimate?
This tool helps you identify potential red flags in cryptocurrency projects based on common scam indicators. Answer the questions honestly to see your risk score.
Scam Risk Score: 0/10
AvocadoCoin (AVDO) sounds like a fun idea: a cryptocurrency backed by real avocado farms, helping farmers in Mexico go green while you earn crypto. Itâs catchy. Itâs trendy. It even has a website that looks professional. But hereâs the truth - AvocadoCoin isnât a legitimate crypto project. Itâs a textbook example of a pump-and-dump scam dressed up in eco-friendly packaging.
It Claims to Be Backed by Avocado Farms - But Thereâs No Proof
The official pitch says AVDO is tied to actual agricultural land in Mexico, with profits from avocado sales backing the tokenâs value. Sounds solid, right? Except no one can verify it. No public records. No farm leases. No contracts. Not even a photo of a single avocado orchard linked to the project. Mexican law is clear: foreign companies canât own farmland under Article 27 of the Constitution. So if AVDOâs team claims to own land there, theyâre either lying or breaking the law. Either way, thatâs a red flag. Real agricultural blockchain projects like TE-FOOD or IBM Food Trust work with farmers through transparent partnerships - they publish audits, field reports, and supply chain data. AVDO? Nothing. Zero verifiable evidence.The âSmart Blockchain 4.0â Is Made Up
AvocadoCoinâs website talks about something called âSmart Blockchain 4.0â - a term that doesnât exist outside their marketing materials. Blockchain technology didnât even exist before Bitcoinâs 2009 whitepaper. Thereâs no such thing as version 4.0 of a blockchain platform. Itâs like claiming your toaster runs on âElectricity 7.0â - itâs nonsense. Dig deeper, and youâll find AVDO is actually a token built on Solana, one of the most popular real blockchains. Thatâs not mentioned on their site. Why? Because they donât want you to know itâs just another cheap token riding on someone elseâs infrastructure. Real projects donât hide their tech stack. They brag about it.Market Data Doesnât Add Up - And Thatâs a Big Problem
Look at the numbers. CoinLore says AVDO has a $21.9 billion market cap. That would make it bigger than Ethereum. But CoinGecko doesnât list it in the top 10,000 coins. Coinbase says the circulating supply is zero - meaning no one actually owns any AVDO - yet itâs trading with a $247K daily volume. LiveCoinWatch shows a price of $1,602.46. CoinLore says $1,553. Which oneâs right? None of them. The numbers are inconsistent because theyâre being manipulated. This kind of chaos is classic for pump-and-dump schemes. Scammers create fake trading volume using bots. They inflate prices with fake news. Then they sell their holdings at the peak while new buyers get stuck holding worthless tokens. The all-time high of $1,601.59? Thatâs not a milestone - itâs the peak before the crash. And itâs already down 9% since then.
They Claim 20+ Years of Blockchain Experience - But Thatâs Impossible
One of the most jaw-dropping claims in their press release is that the team has âbeen at the forefront of merging blockchain with IoT for over two decades.â Blockchain didnât exist before 2009. You canât have 20 years of experience in something that didnât exist until 15 years ago. MITâs Blockchain Research Director called this claim a âred flag.â Stanfordâs professor called it âdeliberate deception.â These arenât opinions - theyâre facts. If a project lies about its teamâs history, what else are they lying about? The land? The technology? The profits? Everything.No Whitepaper. No Code. No Developer Activity
Legitimate crypto projects publish whitepapers. They open-source their code on GitHub. They have active developer communities. AVDO has none of that. As of mid-2024, thereâs zero official GitHub repository. No API docs. No developer tools. No technical roadmap. No updates since launch. Meanwhile, Reddit users who tried to buy AVDO report withdrawal issues. One said it took 17 days just to get their money out. Another found out their account was frozen after depositing $5,000. The official Telegram group had over 2,000 members at launch. Now itâs under 1,250. The Twitter account? 87% bot followers, according to HypeAuditor. Thatâs not a community - itâs a fake audience.
Everyone Is Warning People Away
This isnât just one personâs opinion. The entire crypto community is sounding the alarm. - Trustpilot has 12 reviews. Average rating: 1.2 out of 5. Most complaints: âimpossible claimsâ and âcanât withdraw.â - Redditâs r/CryptoCurrency thread on AVDO has over 1,200 upvotes on a post calling it a scam. - CoinGeckoâs community section shows 92% negative sentiment. - Binance doesnât list it on its main exchange - only through its Web3 wallet, which is a warning sign. They know itâs risky. - The U.S. SEC issued a warning in June 2024 about âasset-backed tokens making unsubstantiated claimsâ - AVDO fits that description perfectly. Even the avocado farmers in MichoacĂĄn, Mexico - the very people AVDO claims to help - say theyâve never heard of it. One verified farmer on Telegram wrote: âThey never contacted us. Their whole Mexico story is fake.âWhy Does This Keep Happening?
Scammers target niche, emotional industries - agriculture, climate, health - because people want to believe theyâre doing good while making money. âBuy AVDO to save the planetâ sounds better than âBuy this coin to get rich quick.â But the math never works. A $21.9 billion market cap for a token tied to avocado farming? The entire global avocado market is worth about $15 billion. You canât have a crypto token worth more than the entire industry it claims to support. Thatâs not innovation - itâs fraud.What Should You Do?
If youâve already bought AVDO - stop trading it. Donât add more money. Withdraw what you can, even if itâs at a loss. Youâre not losing out on a future star - youâre cutting your losses on a scam. If youâre thinking about buying - donât. This isnât investing. Itâs gambling with rigged odds. Thereâs no team, no tech, no transparency, no future. The only thing growing here is the number of people whoâve lost money. Real crypto projects donât need hype. They donât need fake market caps. They donât need impossible claims. They build. They ship. They prove. AVDO does none of that. This isnât the future of farming. Itâs the future of regret.Is AvocadoCoin (AVDO) a real cryptocurrency?
No, AvocadoCoin is not a real cryptocurrency in the legitimate sense. It lacks a whitepaper, open-source code, verifiable team, or real-world asset backing. Its market data is inconsistent, its claims are scientifically impossible, and it has been flagged by blockchain researchers as a high-risk scam. It exists only as a speculative token designed to attract buyers through misleading marketing.
Can I buy AvocadoCoin on Coinbase or Binance?
You cannot buy AVDO on Coinbaseâs main exchange - itâs not listed there. Coinbase only shows trading data for AVDO through its Web3 Wallet, which connects to decentralized exchanges. Binance also doesnât list AVDO on its centralized platform. Itâs only available through third-party DEXs, which are riskier and less regulated. This is a red flag - major exchanges avoid listing tokens with no transparency.
Why does AvocadoCoin claim to be backed by avocado farms in Mexico?
The claim is a marketing tactic to make the token seem legitimate and emotionally appealing. But itâs false. Mexican law prohibits foreign entities from owning farmland. No public records, contracts, or farm partnerships have been verified. Even avocado farmers in MichoacĂĄn - the region mentioned - confirm theyâve never been contacted by the project. This is a fabricated story to lure investors.
Is AvocadoCoin built on Solana?
Yes, according to CoinLore and blockchain explorers, AVDO is a token on the Solana blockchain. But AvocadoCoinâs own website falsely claims it runs on âSmart Blockchain 4.0,â a non-existent platform. This contradiction is intentional - they hide the real tech to avoid scrutiny. Building on Solana makes it easier to create and pump the token, but it doesnât make it legitimate.
What happened to AvocadoCoin after its launch in June 2024?
After its June 19, 2024 launch, AVDO saw a short spike in price and volume, then rapidly declined. Trading volume dropped 79% within a month. The Telegram group lost nearly 40% of its members. No roadmap milestones were delivered. The project stopped updating its website and social media. Experts classify it as a âhigh-risk token exhibiting classic scam indicators.â Thereâs no evidence itâs still active beyond pump-and-dump cycles.
Should I invest in AvocadoCoin?
No. Investing in AVDO is not investing - itâs gambling with near-certain loss. Every red flag is present: fake claims, impossible experience, no code, no transparency, and widespread warnings from experts and users. The only people who profit are the scammers who created it. Donât be the last one holding the bag.
Brian Gillespie
Don't touch this with a 10-foot pole.