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.
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USDCUSD Coin$1.00$92.31M
WETHWrapped Ether$2.53K$76.96M
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USD₮0USD₮0$1.00$36.87M
ETHEther$2.54K$5.14M
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ETHEther$2.53K$2.90M