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Which crypto pump and dump groups are popular in 2021?

Matthew Jia-En BirdMay 07, 2022 · 3 years ago3 answers

Can you provide a list of popular crypto pump and dump groups in 2021? I'm interested in knowing which groups are currently active and gaining popularity in the crypto market.

3 answers

  • May 07, 2022 · 3 years ago
    As an expert in the crypto industry, I can tell you that it's not recommended to participate in pump and dump groups. These groups manipulate the market and can lead to significant losses for inexperienced traders. It's always better to invest in projects with strong fundamentals and long-term potential. Stay away from pump and dump schemes!
  • May 07, 2022 · 3 years ago
    Crypto pump and dump groups are unfortunately quite popular in 2021. These groups artificially inflate the price of a cryptocurrency by coordinating buying and selling activities. Once the price reaches a certain level, the organizers sell their holdings, causing the price to crash and leaving other participants with losses. It's important to be cautious and avoid getting involved in such schemes.
  • May 07, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, does not endorse or support pump and dump groups. We prioritize the security and fair trading experience of our users. We encourage traders to focus on legitimate investment opportunities and avoid participating in any activities that may harm the overall market integrity.