🧠 Crypto Glossary: Learn a new term related to trading and cryptocurrencies every day.

28. 🚀 Pump

It is the rapid and significant increase in the price of a cryptocurrency over a short period of time, usually driven by a high volume of purchases.

Example: The price of $DOGE rose from $0.05 to $0.30 in a few hours due to the frenzy on social media and investors' "FOMO."

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