Pump and Dump (P&D) Scheme
DeFiA pump and dump scheme is a type of fraud where people create fake hype around a cryptocurrency to drive up its price. Once the price is high, they sell their coins for profit, leaving other investors with losses.
- Definition
- A pump and dump scheme is a type of fraud where people create fake hype around a cryptocurrency to drive up its price. Once the price is high, they sell their coins for profit, leaving other investors with losses.
Top tokens on optimism
USDCUSD Coin$1.00$18.28M
WETHWrapped Ether$2.47K$12.81M
USDTTether USD$1.00$7.53M
WBTCWrapped BTC$81.50K$3.55M
USD₮0USD₮0$1.00$3.34M
wstETHWrapped liquid staked Ether 2.0$3.08K$655.32K
OPOptimism$0.12$627.43K
USDCUSD Coin$1.00$337.79K
DAIDai Stablecoin$1.00$270.28K
VELOVelodromeV2$0.036$255.54K