Beware of Pump and Dump schemes: Personal accounts and cryptocurrency alerts My investigation has revealed the reality of pump and dump schemes in the world of cryptocurrencies. After joining a group, I received detailed information about upcoming pump and dump events, including the type of currency, timing, and specific exchange. On the appointed day, the group carried out the plan, buying a large amount to push the coin price up high. This makes investors doubtlessly succumb to FOMO and buy into the scam. I believe that exchanges should consider temporarily suspending withdrawals when crypto
How will the cryptocurrency market change from the unexpected decisions of the SEC with Token Meme? The cryptocurrency market has witnessed a wave of volatility in May 2024, stemming from surprises about regulations and the resurgence of meme tokens. Most notably, the approval from the U.S. Securities and Exchange Commission (SEC) to change rules, which may soon allow the launch of Ethereum ETF. This pivotal decision has not only altered market dynamics but also ignited interest in various meme tokens across blockchain networks. In the near future, the adjustment is expected to be a moonshot f
#GateioInto11 Cryptocurrency investors are always looking for the next big opportunity. With Ethereum, the second largest cryptocurrency by market capitalization, expected to reach $5,000 in the near future, investors are exploring alternative coins capable of significant profits. In this article, we will discuss three promising cryptocurrencies worth considering before Ethereum reaches this milestone: PEPE, Optimism, and Arbitrum.
I predict there will be a significant crash in the near future, specifically in the next 2 days. The BTC pumps are only aimed at liquidating the remaining bets after a month of adjustment. Specifically, pay attention to the price of BTC at 69500. This candlestick will complete the cycles of technical indicators. Of course, with technical indicators, the price will go up. However, with on-chain indicators (real indicators), there is no intervention from static volume in exchanges. It tells us that there is no real buying power from whales, and all the money coming in is from retail investors. B