What is Pump and Dump?

Get to know about one of the major scams in both crypto and stock trading before start trading.

Asel Siriwardena

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image by Austin Distel

Let's understand Pump and dump in a nutshell. A pump and dump scheme refers to a group of people artificially inflating the price of an asset through recommendations based on false, misleading, or greatly exaggerated statements. In essence, they will buy an asset for…

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Asel Siriwardena

Software Engineer | University of Westminster | Robert Gordon University