1️⃣ A group of people starts talking up a cheap product, like a toy that costs ₹10. This is the "pump."
2️⃣ Everyone gets excited and buys the toy, causing the price to rise to ₹100. The hype continues, and the price keeps going up. 🚀
3️⃣ The people who started the hype sell all their toys at the higher price. This is the "dump." 💸
4️⃣ After they sell, interest fades, and the price drops back down to ₹10 or even lower.
The people who bought the toy at the high price end up losing money. 😞
SO be careful when you see a product or coin being hyped. Don’t get caught up in the fear of missing out (FOMO)!