What are Crypto Pump and Dump Groups?
If an obscure token suddenly shoots up and value then immediately goes down the same amount as well, a pump and dump group may be behind it.
If an obscure token suddenly shoots up and value then immediately goes down the same amount as well, a pump and dump group may be behind it.
“Pump and Dump” is a method of artificially inflating (pumping) the price of an altcoin to gain profit by selling the token during its peak price (dumping).