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Around 25% of new crypto tokens looked like pump-and-dump schemes in 2022, report says

Por: MarketWatch Business February 17, 2023

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The researchers defined a “drastic price decline” as any token that saw a 90% or more decline in the first week of trading, which they said could suggest that the token’s earliest holders dumped the token extremely fast. In traditional finance, pump and dump schemes refer to holders of a tradable asset heavily promoting it to other investors, often misleading them into investing, causing the price to rapidly rise as the new investors buy... + full article



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