New Coins, Same Old Scam: The Tragedy of Pump-and-Dump Culture
The crypto market has become a goldmine—not for investors, but for scammers. Every week, a new coin seems to pop up, promising revolutionary technology or instant riches. Yet behind the polished marketing and viral tweets lies a harsh reality: most of these projects are designed to fail, leaving everyday investors as collateral damage.$MOVE $ME
The cycle is predictable. Developers launch a new coin, backed by hype and influencers, and prices soar as unsuspecting buyers rush in. But when the “pump” reaches its peak, the creators sell their holdings, crashing the market and walking away with fortunes—leaving small investors holding worthless tokens.
What’s truly sad is how this erodes trust in a space built on decentralization and empowerment. Instead of innovation, the focus has shifted to exploitation. Every new pump-and-dump scheme chips away at the dream of what crypto could be, reducing it to a cynical money game for the few at the expense of the many.
