pumpNdump
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$PEPE Prepares for Another Massive Pump as Whales Accumulate Millions_
_Whale Watch: $1.02M Worth of #pepe Withdrawn from OKX, Signals Potential Price Surge_
$PEPE , the popular meme coin, is gearing up for another significant price pump as whales accumulate millions of tokens. A recent withdrawal of 67B PEPE ($1.02M) from OKX has caught the attention of traders and investors.
_The Whale's History: A Cautionary Tale_
The same investor previously lost $2.55M (-85.5%) in $SHIB after buying 40.9B tokens ($2.98M) at high price points during the bull market. They sold all their $SHIB at a loss when the bear market hit.
_Market Insights:_
- $PEPE 's price has been fluctuating, but the recent whale activity suggests a potential price surge.
- The cryptocurrency market is known for its volatility, and meme coins like $PEPE are prone to sudden price swings.
#pepe⚡ $PEPE #altcoins #pumpNdump
_Whale Watch: $1.02M Worth of #pepe Withdrawn from OKX, Signals Potential Price Surge_
$PEPE , the popular meme coin, is gearing up for another significant price pump as whales accumulate millions of tokens. A recent withdrawal of 67B PEPE ($1.02M) from OKX has caught the attention of traders and investors.
_The Whale's History: A Cautionary Tale_
The same investor previously lost $2.55M (-85.5%) in $SHIB after buying 40.9B tokens ($2.98M) at high price points during the bull market. They sold all their $SHIB at a loss when the bear market hit.
_Market Insights:_
- $PEPE 's price has been fluctuating, but the recent whale activity suggests a potential price surge.
- The cryptocurrency market is known for its volatility, and meme coins like $PEPE are prone to sudden price swings.
#pepe⚡ $PEPE #altcoins #pumpNdump
Afro-pop star Davido faces backlash for launching DAVIDO memecoin and selling large amounts soon after, sparking pump-and-dump fears. Experts warn it could hurt industry credibility and harm fans with limited crypto knowledge.
Davido has a history of selling digital assets on fans, raising concerns about his motives.
#DAVIDO #MemeWatch2024 #pumpNdump #scamriskwarning
Davido has a history of selling digital assets on fans, raising concerns about his motives.
#DAVIDO #MemeWatch2024 #pumpNdump #scamriskwarning
🔥Pump and dump schemes on Binance:-
#binance #pumpNdump #scamriskwarning #PEPE #BlackRock 🔥 $PEPE
😘As on other cryptocurrency exchanges, involve artificially inflating the price of a cryptocurrency before selling it at a profit😳, leaving other investors with losses🤒.
😘Here's a step-by-step breakdown of how these schemes typically work:Coordination and Planning:-🔥
🥰 The scheme is usually orchestrated by a group of individuals or a single entity🤒. They often use private groups on social media platforms 😳 (like Telegram or Discord) to coordinate their activities and attract participants🤭.
💅Selection of the Cryptocurrency:-
A relatively 🔥low-market-cap🔥 cryptocurrency is chosen because its price can be more easily manipulated due to lower trading volumes😳.
😍Accumulation Phase:-
Before the scheme is publicly announced, the orchestrators quietly accumulate a large amount of the chosen cryptocurrency at a low price🤭.Promotion and Hype: Once they have accumulated enough🤒, the group starts promoting the cryptocurrency aggressively through social media, forums, and sometimes even through fake news🤗. They create a sense of urgency and hype😳, often making exaggerated claims about the potential of the coin🤒.
Pump Phase:-
As the promotion attracts more investors, the 🔥demand🔥 for the cryptocurrency increases, driving up its price. 🥰The orchestrators may also make large buys to further inflate the price, contributing to the momentum😳.
😘Dump Phase:-
At a pre-determined peak or after significant price increase, the orchestrators sell off their holdings at the inflated prices😳. This causes a sharp drop in the price as the market is flooded with sell orders😳.Collapse and Aftermath: After the orchestrators sell off their holdings😳, the price plummets, leaving the late investors with significant losses😳.
#binance #pumpNdump #scamriskwarning #PEPE #BlackRock 🔥 $PEPE
😘As on other cryptocurrency exchanges, involve artificially inflating the price of a cryptocurrency before selling it at a profit😳, leaving other investors with losses🤒.
😘Here's a step-by-step breakdown of how these schemes typically work:Coordination and Planning:-🔥
🥰 The scheme is usually orchestrated by a group of individuals or a single entity🤒. They often use private groups on social media platforms 😳 (like Telegram or Discord) to coordinate their activities and attract participants🤭.
💅Selection of the Cryptocurrency:-
A relatively 🔥low-market-cap🔥 cryptocurrency is chosen because its price can be more easily manipulated due to lower trading volumes😳.
😍Accumulation Phase:-
Before the scheme is publicly announced, the orchestrators quietly accumulate a large amount of the chosen cryptocurrency at a low price🤭.Promotion and Hype: Once they have accumulated enough🤒, the group starts promoting the cryptocurrency aggressively through social media, forums, and sometimes even through fake news🤗. They create a sense of urgency and hype😳, often making exaggerated claims about the potential of the coin🤒.
Pump Phase:-
As the promotion attracts more investors, the 🔥demand🔥 for the cryptocurrency increases, driving up its price. 🥰The orchestrators may also make large buys to further inflate the price, contributing to the momentum😳.
😘Dump Phase:-
At a pre-determined peak or after significant price increase, the orchestrators sell off their holdings at the inflated prices😳. This causes a sharp drop in the price as the market is flooded with sell orders😳.Collapse and Aftermath: After the orchestrators sell off their holdings😳, the price plummets, leaving the late investors with significant losses😳.
