Crypto Pump and Dump: What You Need to Know

A group spreads hype & excitement about a cryptocurrency. This causes a sharp price increase as more people buy in.

 What is the Pump?

Do Your Research Avoid FOMO Be Cautious of Hype Diversify Your Investments Set Price Alerts

How to Avoid It

Pump & Dump inflates the price through hype and quick selling, while Rug Pull involves developers draining funds, leaving investors with nothing.

Pump and Dump vs. Rug Pull

Conclusion Pump and Dump schemes can lead to major losses in crypto. Stay cautious and make informed decisions to protect your funds.