Tag: trading patterns

Introduction:Cryptocurrency markets have seen their fair share of market manipulation, including pump-and-dump schemes. These schemes involve artificially inflating the price of a cryptocurrency to attract unsuspecting investors before swiftly selling off and leaving them with heavy losses. In this article, we delve into the anatomy of a pump-and-dump scheme, shedding light on the strategies used and the risks associated with such scams. Recognizing a Pump-and-Dump Scheme:The first step in understanding these schemes is to recognize their key characteristics. Here are some red flags to watch out for: Sudden Price Surge: Pump-and-dump...