✍ Fake Pump in cryptocurrencies is the manipulation of a specific currency's price to attract investors and encourage them to buy, while there is no real demand supporting this rise.

How does Fake Pump occur?

1. A group of manipulators (often in the form of closed groups) agrees to suddenly buy a little-known currency in large quantities.

2. The price starts to rise sharply, generating buzz on social media.

3. Individual investors see the sudden rise and feel the fear of missing out (FOMO), so they start buying.

4. When the price reaches a certain point, the manipulators suddenly sell what they own (dump), leading to a price crash and losses for those who bought later.

The goal?

- To achieve quick profits at the expense of other traders.

✍️ How to avoid it?

- Avoid currencies that suddenly rise without clear news or projects.

- Check the real trading volume and sources.

- Do not follow rumors or channels that promote pumping specific currencies.

- Use analytical tools like CoinMarketCap or CoinGecko to monitor unusual patterns.