What is a Pump?
Pump is a scheme for manipulating the price of cryptocurrencies, in which a group of market participants buys a large number of tokens in order to artificially increase their value. After that, participants sell the purchased tokens at a higher price, making a profit. How does the Pump work? A group of participants (usually large market players) starts actively buying a certain cryptocurrency. This leads to an increase in its cost. Other market participants, seeing the price increase, also