Pump and Dump
By: WEEX|2024/10/26 10:58:26
A pump and dump is a type of market manipulation scheme where the price of an asset, such as a cryptocurrency, is artificially inflated (pumped) by coordinated buying, followed by a rapid sell-off (dump) once the price has risen significantly. This tactic is common in illiquid markets or with smaller cryptocurrencies, where it is easier to manipulate prices. The individuals behind the pump profit by selling at the inflated price, leaving other investors with significant losses once the price crashes. Pump and dump schemes are illegal in traditional markets but are harder to regulate in the crypto space.
También te puede gustar
Compartir
Ganadores
Comunidad
Atención al cliente:@weikecs
Cooperación comercial:@weikecs
Trading cuantitativo y MM:[email protected]
Servicios VIP:[email protected]