Pakcoin (PAK) is Pakistan's first cryptocurrency, launched in 2015. It switched to Proof of Stake in 2019 and offers staking rewards, but has minimal trading volume, no major exchange listings, and almost no real-world use outside Pakistan.
When you hear PAK cryptocurrency, a supposedly existing digital asset with no public presence or technical foundation. Also known as PAK coin, it's one of many tokens that appear online with flashy websites and fake social media buzz—but vanish when you try to trade, verify, or even find a single real holder. Unlike Bitcoin or Ethereum, PAK has no whitepaper, no blockchain explorer, no wallet support, and no record on CoinMarketCap or CoinGecko. It’s not a mistake. It’s a scam designed to trick people into sending crypto to a wallet that will never return it.
Scammers create fake coins like PAK to exploit curiosity and FOMO. They copy names from real projects, tweak a letter or two, and slap on a shiny logo. Then they flood Reddit, Telegram, and Twitter with bots pretending to be users excited about "the next big thing." You’ll see claims like "PAK will 100x by 2025" or "Buy before it lists on Binance." But if you dig deeper—check the contract address, search for the team, look at trading volume—you’ll find nothing. Zero. That’s because fake crypto coins, digital assets with no underlying technology, team, or purpose. Also known as pump-and-dump tokens, they exist only to drain wallets before disappearing. PAK fits perfectly into this category. It’s not a project. It’s a trap. And it’s not alone. Posts in this collection expose other fake tokens like XREATORS (ORT) and Pek (PEK)—all built the same way: no code, no community, no future.
How do you protect yourself? Always check if a coin is listed on at least one major exchange. Look for a live GitHub repo. Search for the team’s LinkedIn profiles. If you can’t find any of those, walk away. Real projects don’t hide. They publish. They update. They answer questions. crypto scams, fraudulent schemes designed to steal funds under false pretenses. Also known as rug pulls, they rely on hype, not hardware. The people behind PAK don’t care about innovation. They care about your money. And they’ve already taken it from others.
This collection pulls back the curtain on exactly how these scams work. You’ll find deep dives into fake airdrops, ghost tokens with zero supply, and exchanges that vanish overnight. You’ll learn how to spot red flags before you click "Buy." And you’ll see real examples—like ChainX, C-Cex, and DeFi11—where people lost everything because they trusted something that didn’t exist. There’s no magic formula. Just one rule: if you can’t prove it’s real, it’s not worth your crypto.
Pakcoin (PAK) is Pakistan's first cryptocurrency, launched in 2015. It switched to Proof of Stake in 2019 and offers staking rewards, but has minimal trading volume, no major exchange listings, and almost no real-world use outside Pakistan.