⛔⛔planned dumping explained⛔⛔
A "planned dump" in the context of cryptocurrency refers to a coordinated effort by a group of individuals or entities to sell a significant amount of a particular cryptocurrency at the same time. This can lead to a sudden drop in the price of that cryptocurrency. Planned dumps are often orchestrated by groups looking to manipulate the market for profit, taking advantage of the resulting panic and price volatility.
These activities are typically considered unethical and can be illegal, as they manipulate the market and harm other investors. Such schemes can be part of larger manipulative practices like "pump and dump," where the price of a cryptocurrency is artificially inflated (pumped) before a planned sell-off (dump).