A market manipulation scheme where insiders accumulate a small, illiquid token, then promote it heavily to drive price up (“pump”), then sell their holdings into the bid (“dump”), leaving late buyers with losses. Common in low-cap memecoins. Most “100x next week” Telegram channels are pump-and-dump schemes. Avoid.
Pump and dump
A market manipulation scheme where insiders accumulate a small, illiquid token, then promote it heavily to drive price up ("pump"), then sell their holdings into the bid ("dump"), leaving late buyers with losses. Common in low-cap memecoins. Most "100x next week" Telegram channels are pump-and-dump schemes. Avoid.
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