Noticias Cryptographic Series #6: PUMPING

The term “pumping” is used to indicate the purchasing of large quantities of coins to push the demand and price of respective coin up. Then, they release the assets at a higher price to rake in a high return on investment. How do you know if a coin is pumping? The easiest way to identify a pump and dump scheme is when an unknown coin suddenly rises substantially without a real reason to do so. This can be easily viewed on a coin's price chart. Coincheckup, for example, has set a benchmark of a 5% price increase in less than five minutes as its indicator.