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A rapid price increase, often coordinated by groups to artificially inflate value before dumping on latecomers.
Definition
A rapid price increase, often coordinated by groups to artificially inflate value before dumping on latecomers. 'Pump and dump' is one of crypto's most common scams. If someone's promoting a coin aggressively, ask who's buying their bags.
Related Terms
A sudden, significant price drop usually caused by large sell-offs.
Someone who holds a large amount of cryptocurrency, enough to move markets with their trades.
A period when smart money quietly buys up an asset before a major price move.
The average yearly return on an investment, calculated to account for compounding.
Profiting from price differences of the same asset across different markets.
The lowest price a seller is willing to accept for an asset.
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