#scamriskwarning 😡😡😡
Guys these PUMP and DUMS are just scams to take your money!!!!!
YOU WILL BE THE EXIT LIQUIDITY! BE SMART!
👉👉Pump: The schemers artificially inflate the price of a low-volume or low-market-cap cryptocurrency by spreading positive news, and rumours, or engaging in coordinated buying. This creates a sudden surge in demand and drives up the price rapidly.
👉👉Dump: Once the price has been pumped to a desirable level, the schemers sell off their holdings in large quantities, causing the price to plummet due to the sudden increase in supply. This leaves other investors who bought in during the pump phase with overvalued or worthless assets.