🚨 Pump-and-Dump Coins Are Back on Binance: What Traders Need to Know
Lately, we’ve seen a rise in shady pump-and-dump behavior right here on Binance. Everyone remembers the Bananas disaster. But that wasn’t a one-off. Several other coins show the same patterns: sudden hype, huge price spikes, then crashes that leave retail holding the bag.
Here’s what’s been happening 👇
🧨 Recent Pump-and-Dump Examples (Still Trading)
1. ACT & PNUT
- Listed: Nov 2024
- ACT jumped +1000%, PNUT +100% within minutes
- Both crashed hours later 🚨
- Still trading, but extremely volatile
2. FTM Listing Hype
- Binance hinted at DEX → main exchange move
- Price spiked +50% in 30 mins, then dumped −21%
- Classic hype-fueled move without real utility
3. $TRUMP Coin
- Tied to political buzz 🧢
- Reached $29B market cap in days
- Crashed hard once the hype faded
4. $LIBRA (Argentina)
- Promoted by President Javier Milei 🇦🇷
- Went from near-zero to $5 in 40 mins
- Dumped −85% after insiders exited
😨 How These Pumps Work
🐋 Insiders get in early
📢 Listings or celeb shoutouts spark FOMO
🚀 Price explodes as retail jumps in
🛑 Insiders sell → crash begins
💸 Retail gets wrecked
🧠 Protect Yourself
- Don't chase low-cap coins on listing day
- Always check tokenomics (who owns how much?)
- Ignore celebrity/political hype
- Use stop-losses
- If it looks like a pump… it probably is
👉 Have you seen a coin get pumped and dumped recently? Drop the name in the comments. Let’s help each other stay safe out here.
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