What is pump and dump (Pump and Dump) in cryptocurrencies?
Pump and dump is a manipulative scheme in which an asset's price is first artificially inflated and then sharply dropped. The organizers take profit at the expense of the buyers they attracted.
What is a pump (Pump) in cryptocurrencies?
A pump is the artificial inflation of a cryptocurrency's price through mass coordinated buying. The goal is to sharply raise the price so that the organizers can sell the asset for more.









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