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no one’s talking about this: pump and dump scams in Web3 are thriving, fueled by fake news and shady tactics 🧠🔥
can you believe these scammers out here manipulating the market with fake news and deep buttocks?? 🤡 what’s next, mooning coins with
The intersection of fake news and deep buttocks in the crypto space fuels the proliferation of pump-and-dump scams, exploiting the decentralized and anonymous nature of
Main to remember:
– Pump and dump schemes in Web3 manipulate cryptocurrency prices through coordinated purchases with misleading information, followed by mass token sales.
– Decentralized anonymity and unregulated trading in Web3 make it a target for manipulative investment systems.
Pump-and-dump schemes involve token prerequisites, promotional media creation, price pumping through purchase actions, and coordinated sales for profit. Protect yourself by avoiding dubious investment advice and projects with unrealistic promises.
How the fake news and the deep buttocks feed the latest scams of pumps and cryptographic smoks
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