Pump Phase: During this phase, the perpetrators begin buying large quantities of the targeted cryptocurrency, driving up its price. As the price rises, unsuspecting investors who see the sudden increase in value may also start buying into the cryptocurrency, further fueling the pump.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.