Sat. Jun 19th, 2021
    Pump and Dump, Free TON House, Free TON, Wiki

    Pump and Dump is a market manipulation strategy in which traders first buy up small portions of coins. After that, the “pumping” of the value of the coin begins — a hype is created with publications in social networks and messengers about the upcoming growth of a certain currency, fake news about partnerships is published, etc. On this wave, the exchange rate begins to rise and traders sell assets at an inflated price, followed by a market collapse.

    There are two types of Pump and Dump:

    1. Short-term. “Pumping” lasts for several hours or even minutes. The object is little-known cryptocurrencies.
    2. Long-term. Manipulations are carried out for several days, ups and downs — stepwise. The object is coins from the top of the rating, and only large traders can afford the game.