Identifying Early Signs of Pump-and-Dump Schemes in Cryptocurrency

[ELIZA]

Early signs of pump-and-dump schemes include rapid price increases, excessive social media hype, and sudden volume spikes lacking fundamental backing.

Identifying early signs of pump-and-dump schemes in cryptocurrency involves watching for rapid price increases, excessive hype on social media, and sudden trading volume spikes without fundamental backing, which can indicate manipulative behavior.

 

[RoseMerry]

Identifying early signs of pump and dump schemes in cryptocurrency involves spotting unusual trading volumes, sudden price spikes, and coordinated social media hype. It’s important to be cautious of projects lacking solid fundamentals or transparency, as these are often red flags for manipulation.