In the fast-paced world of cryptocurrencies, one term that’s gained notoriety is “pump and dump.” If you’re new to the crypto scene, or even if you’re a seasoned trader, understanding what pump and dump means and how it operates is crucial to navigating these digital waters. In this article, we’ll unravel the mysteries surrounding pump and dump crypto schemes, demystify their meaning, and shed light on the risks involved. We’ll explore how these trading scams work, the signals to watch out for, and why staying vigilant is paramount when dealing with pump and dump stocks. Let’s dive into the intriguing realm of crypto price manipulation.
What is a crypto pump and dump
Ebiere Watchman is a prolific writer specialized in web 3.0 and finance. Ebiere’s experience includes research projects, sales copywriting, and storytelling. She prides herself in crafting impeccable content to drive mass adoption in cryptocurrency.