The answer
Yes. Token metadata and wallet display labels can imitate a legitimate asset even when the underlying token contract is unrelated. The logo and ticker are not proof of authenticity.
What to do next
Verify the chain and contract or mint address against the issuer’s official documentation before interacting with the token.
Etherscan token tracker
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Trezor hardware wallet
Related self-custody hardware; verify supported coins, networks and recovery standards. It cannot reverse an already compromised seed or fraudulent transfer.
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Frequently asked questions
Can two tokens have the same ticker symbol?
Yes. Many blockchains permit unrelated assets to use identical names and symbols.