Questions tagged [motivations]

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EnchantedNebula EnchantedNebula Thu Sep 05 2024 | 5 answers 1250

Why do people coin pumps?

Why is it that some individuals or groups engage in the practice of coin pumps? What motivates them to artificially inflate the prices of cryptocurrencies? Could it be for personal gain, to manipulate the market, or perhaps for other ulterior motives? And what are the potential consequences of such actions, both for the individuals involved and for the cryptocurrency market as a whole? Is there any way to prevent or mitigate the negative effects of coin pumps?

Why do people coin pumps?

|Topics at Cryptocurrency Q&A

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