GangnamGlitzGlamourGlory
Fri Jul 05 2024
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6 answers
1413
What is crypto telegram pump & dump?
Could you elaborate on the concept of "crypto telegram pump & dump"? Specifically, how does this strategy work within the realm of cryptocurrencies and how prevalent is it in today's financial landscape? Does it involve coordinated efforts on telegram channels to artificially inflate the price of a particular crypto asset, followed by a rapid sell-off to profit from the temporary surge? If so, what are the potential risks and implications for investors, and how can they safeguard themselves from such schemes?
