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Cryptocurrency Pump And Dump - I JOINED ONEA crypto pump-and-dump is a market manipulation scam where perpetrators create or obtain large amounts of an altcoin, promote it to fraudulently. A pump-and-dump scam is a sort of fraud in which the perpetrators amass a commodity over time, inflate its price artificially by disseminating. Pump-and-dump scheme is a fraud where investors are defrauded and enticed to buy an asset based on misleading information.