1. Sudden Price Spike
- Look for unusual, rapid price increases(e.g., +50% to +100% in minutes/hours).
- Check if the volume spikes significantly compared to average trading volume.
2. Low Market Cap Coins
- Pump and dump schemes often target low-cap, obscure coins with low liquidity.
- Avoid coins with no clear use case or development team.
3. Social Media Hype
- Watch for coordinated hype on Telegram, Twitter, or Discord.
- Be cautious of phrases like “100x gem” or “to the moon” with no substance.
4. Whale Activity
- Use tools like Etherscan or BscScanto track large wallet movements.
- Sudden large buys/sells by a few wallets can signal manipulation.
5. FOMO (Fear of Missing Out)
- If everyone is rushing to buy, it’s often a red flag.
- Avoid chasing pumps; most late buyers end up holding the bag.
6. Quick Reversal
- After a sharp rise, the price often drops just as fast.
- Use stop-loss orders to protect your funds.
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How to Protect Yourself
- Do Your Own Research (DYOR), Avoid blindly following influencers.
- ,Avoid FOMO,: Stick to your strategy; don’t chase quick gains.
- Use Tools: Platforms like TradingView, DeFiLlama, or ,CoinMarketCap ,can help analyze trends.
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Stay vigilant and trade responsibly! 🚨
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