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Cryptocurrency markets are known for their high volatility and rapid price changes, but they are also rife with fraudulent activity. One of the most notorious scams is the Pump and Dump scheme, which involves manipulating the market to artificially inflate the price of a cryptocurrency and then selling it, leaving uninformed investors with huge losses. In this article, we’ll explain what a Pump and Dump scheme is, how it works, and most importantly, how investors can spot these scams and protect their investments from these types of scams.