## What is a pump in cryptocurrency: how the popular market manipulation scheme works
Pump in cryptocurrency is one of the most common fraud schemes in the digital asset market. This practice involves artificially inflating the value of coins or tokens through coordinated actions by a group of individuals to attract inexperienced investors and lock in profits from their funds.
### How the pump and dump scheme works in cryptocurrency
The mechanism is quite simple and cynical. First, the organizers — usually the project creators or early investors — accumulate large volumes of the asset they nee
View OriginalPump in cryptocurrency is one of the most common fraud schemes in the digital asset market. This practice involves artificially inflating the value of coins or tokens through coordinated actions by a group of individuals to attract inexperienced investors and lock in profits from their funds.
### How the pump and dump scheme works in cryptocurrency
The mechanism is quite simple and cynical. First, the organizers — usually the project creators or early investors — accumulate large volumes of the asset they nee