ZenBalance
Sun Jul 21 2024
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6 answers
869
Is coin pumping legit?
I've been hearing a lot about coin pumping recently, and I'm curious to know if it's actually legitimate. The idea of rapidly promoting a coin to create artificial demand and thereby inflate its value seems rather unethical. However, some people claim that it's a valid strategy in the cryptocurrency world. Could you elaborate on the legality and ethics of coin pumping? Are there any specific regulations that govern this practice? How does it affect the overall cryptocurrency market and its investors? Is there a risk of being involved in fraudulent activities when participating in coin pumping?
