Pump & Dump

What is Pump & Dump?

Crypto pump-and-dumps occur when individuals (co-conspirators) inflate the price of a cryptocurrency using false information. So that they can sell it and make money off of it. Another explanation is that the creators of the coin, their associates, or a gang of traders broadcast false information to drive up the price of the asset before selling the shares at a greater price. When there is a lack of information for cryptocurrency buyers, it most frequently occurs. Don't hurry to invest if you see a relatively unheard-of cryptocurrency being promoted by online strangers. Find the token's white paper, look it up, and read it. To ascertain whether a cryptocurrency can appreciate over the long term, you should perform this analysis.