Pump and Dump Crypto: What Is It and Why Does It Happen?
In pump and dump crypto schemes, organised groups or large holders (“whales”) artificially inflate a token’s price to lure in retail buyers. Once the hype reaches a fever pitch, these orchestrators vanish, selling their massive holdings and leaving latecomers with heavy losses. What Does “Pump and Dump” Mean in Crypto? To understand the crypto pump […]
