Crypto Pump and Dump: How It Works, Who’s Behind It, and How can you protect yourself
What is a Pump and Dump in crypto? A pump and dump is a market manipulation scheme where the price of a cryptocurrency is artificially inflated. Promoters use hype, false news, and coordinated buying to push the price higher. Once enough retail investors buy in, the manipulators sell off their holdings, crashing the price. Those …
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