Pump and dump scheme

CoinGecko által | Frissítve ekkor: Mar 03, 2020
A scheme in which the development team (or short-term traders) hypes up a project without fundamental basis in order to pump up the price of the tokens temporarily and then sells their holdings immediately after launch to earn a profit. See the US SEC's investor alert on pump and dump schemes.

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Kapcsolódó kifejezések

Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Consensus
Consensus is achieved in a blockchain system when all participants agree on the content of the next block that will be added onto the blockchain.
Initial coin offering (ICO)
Initial Coin Offering (ICO) is the equivalent of Initial Public Offering (IPO), where a company/cryptocurrency venture raises funds through crowd sales.
When Moon
An expression used by investors to ask when the price of a coin would hit a peak
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