Pump and Dump

When an investor or group of investors create false demand for an asset that they have significant stake in. The false demand causes a sharp price increase, which is when said investor(s) dump their asset on the market at significant markup. The asset then devalues significantly due to the selling pressure and/or exposure of dishonesty.

EXAMPLE USAGE:

When someone tells you to buy Shitcoin because it is going to moon, it is probably a pump and dump.

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James C.
Posted on March 15th, 2019