6 May, 2019
Pump and Dump
Posted on : by : BlockGlossary
Also P&D. This happens when Whales push money into a coin/token just to cause price spike and small portfolio traders can join for FOMO, after which the Whales withdraws their huge capital with profit crashing the price and leaving the small portfolio trader account in Red or losses.
Beware, this can happen to any coin/token at any point in time. Though common to Shitcoins!
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