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RE: How Pump and Dump Schemes Work .:. And why you should avoid them...

in LeoFinance3 months ago

Pump and dump seems working on low marketcap coins so a big whale can control and monopolize the price.

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Yeah, it works like that... But, it will not work if there is no sheep that is slaughtered... There is always a possibility that a big whale lose money, so, they are always searching for fresh blood to feed the whale :)

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