Altcoin pump and dump

[jemimah_f3]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

[btcltcdigger]

well, it's hard to tell.
Pump and dumps don't have to be orchestrated by the project team itself.
usually with good projects it's done by 3rd parties, like marketing firms who were paid in these coins, or exchanges.
For example, one project i'm following paid bitcoin.com exchange listing in their coin, and they dumped their bags few days ago and downed the price by 95%.

[jemimah_f3]

But is a team usually aware that they are doing just pump and dump project or they just honestly do their job before a 3rd party perform pump and dump and make a coin worthless?

well, it's hard to tell.
Pump and dumps don't have to be orchestrated by the project team itself.
usually with good projects it's done by 3rd parties, like marketing firms who were paid in these coins, or exchanges.
For example, one project i'm following paid bitcoin.com exchange listing in their coin, and they dumped their bags few days ago and downed the price by 95%.

[SaveOurSea]

Altcoins are still not showing their performance, so far only Defi altcoins can go up,
top altcoins are still sluggish, even though Bitcoin prices have gone up so high to $ 15000,
hoping altcoins can be at the price level in 2018.

[irixo10]

I think altcoins pump and dump are highly seen in newer projects as the team can once in awhile show they are still around, some will only pump once and that's it while in major projects, their developments spikes the pump and the dump is not as bad as those of the newer projects, which is also mostly as a result of market reactions. Now about knowing if a coin will pump and dump, it is always hard to tell because no one can correctly predict anything in the crypto space, hence whatever coin or mostly new coins you are investing in, with the hope of pump, you might only end up risking your money. Lastly, my humble opinion is, check out major coins like Ethereum, ADA and so on.

[durilup]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

Congratz ! You found out what a risk is . I would recommend you to not invest the amount of money that you are not available to lose. You better start demo trading and you will find out signs or metrics that you are talking about.

[tarable]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

Mention the names of some Altcoins here so everyone can help you in further checking, because every Altcoin that is born from a legitimate project will always be on some Altcoin ranking site, so that everyone can easily check through the site Altcoin ranking.

[jemimah_f3]

yeah, I think it's safer to invest in some altcoins that's been around for some time, on the other hand I doubt they will bring X50 or X100...it's dilemma btw fear and greed

I think altcoins pump and dump are highly seen in newer projects as the team can once in awhile show they are still around, some will only pump once and that's it while in major projects, their developments spikes the pump and the dump is not as bad as those of the newer projects, which is also mostly as a result of market reactions. Now about knowing if a coin will pump and dump, it is always hard to tell because no one can correctly predict anything in the crypto space, hence whatever coin or mostly new coins you are investing in, with the hope of pump, you might only end up risking your money. Lastly, my humble opinion is, check out major coins like Ethereum, ADA and so on.

[jemimah_f3]

Some of them: DeepOnion, Synthetix, Ankr, Tokoin, Fantom, Telcoin, Theta, Tomochain

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

Mention the names of some Altcoins here so everyone can help you in further checking, because every Altcoin that is born from a legitimate project will always be on some Altcoin ranking site, so that everyone can easily check through the site Altcoin ranking.

[jcarlo]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

If you find a good and promising altcoin, I think what you should analyze is whether it has a large daily average volume. Apart from that, I think the small bid and ask difference is an indication that the altcoin price movement is not a pump and dump

[ethereumhunter]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

If you doubt those projects, you better not choose the project, especially if you know that the projects have a pump and dump. You can search for the other projects to buy and don't touch on those projects.

But is a team usually aware that they are doing just pump and dump project or they just honestly do their job before a 3rd party perform pump and dump and make a coin worthless?

I am sure the team will be aware of the pump and dump from people, but I don't know how they can anticipate that. Maybe they will figure out that way, so their token/coin will not dump so hard.

yeah, I think it's safer to invest in some altcoins that's been around for some time, on the other hand I doubt they will bring X50 or X100...it's dilemma btw fear and greed

In the next bull run, many coins will bring X50 or X100, but we don't know which coin that can get that pump. I don't think that is a dilemma because as long as you can search for the right coin by analyzing the project, you will find that many coins can have a better future.

Some of them: DeepOnion, Synthetix, Ankr, Tokoin, Fantom, Telcoin, Theta, Tomochain

From that list, I think DeepOnion and Fantom are old coins. But I don't know if that coin can increase again. Maybe you can search for other coins, so you can have the other list of the coin to invest.

[kevinzxz]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

it is very difficult to know if the project is good or a scam, but if you want to invest in altcoin then I advise you to invest in altcoin that are in the top 500 coinmarketcap, because the volume of this altcoin must be very high and it proves that many people believe to investing in this altcoin, so maybe you are safer to invest in this altcoin and of course the price will pump, because if many people believe to investing in this altcoin (top 500 on coinmarketcap), then the price of this altcoin will definitely increase very high.

[Rodeo02]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

There is away to find a pump and dump coins.

Look at the graph of that currency and check how long it takes for that coins to increase that price. If you can do much deeper research like finding review of traders or discussion about that coins about the project that's better than relying on graph .

Risking your money is always there every time you buy a coins even in stocks or forex trading there is always risk .it can be reduce if you are learning first the coins  you are buying but the risk will not disappear.

[casperBGD]

There is away to find a pump and dump coins.

yeah, each increase in price, without a meaningful reason is probably close to pump and dump, especially if there is no general movement of the market, if there is a market movement in line with token pump, then it is much tougher to recognize that this token is rising just due to pump and dump schemes
nevertheless, do not invest money without your-own-analysis, there is substantial risk with each advice from the internet

[JRoa]

Cheap altcoins doesn't mean that it will gonna have a bright future, usually those cheap altcoins are becoming more cheap as the time passing by so I usually avoid those altcoins because of the risks. I do not like investing in low market cap altcoins because they are the coins that are experiencing dump base on my experiences. I think people will listen to my advice and just buy altcoins that have high market capitalization and also 24 hour volume.

[SquirrelJulietGarden]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

The very first metric you can use to get a list of potential altcoins is https://messari.io/screener

Create a free account and customize the screener with the metric: % down from ATH (all time high). You can add another metric (volume) and get a smaller list. A next thing to do is checking their developer activities and coming plans.

For plans or future events, you can get it with https://coindar.org/

[Bosx1ne]

There is away to find a pump and dump coins.

yeah, each increase in price, without a meaningful reason is probably close to pump and dump, especially if there is no general movement of the market, if there is a market movement in line with token pump, then it is much tougher to recognize that this token is rising just due to pump and dump schemes
nevertheless, do not invest money without your-own-analysis, there is substantial risk with each advice from the internet

an increase in the price of tokens at the exchange will not be predictable and you must be able to remain careful when you want to buy tokens at the exchange, don't let you be influenced to enter tokens that have a price increase of more than 50% because usually there will be a dump and only keeps us stuck at high prices. take advantage when the price is collapsing and after rising, you can make a withdrawal from the profit you get.

I think it is called FOMO if I'm not mistake where you are entering in the peak of the price because you think that the price will go up more but suddently a huge dump will appear. If there a coin that goes up to 50% more in just 1 day, it doesn't mean that it will gonna be a good coin in the following days. Maybe it is a pump where there are whales who are manipulating that specific token. We should know when to enter and when to exit, avoid also buying at the peak of the price because there is a high chance that the price will go down.

[Malam90]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

Pump and dump is the natural process of altcoins. If you find proper project and keep update regularly in their telegram and other social medias or website, you can get update message of listing, token burn, update, swap, partnership and many updates. This updates can put positive or negative impact on its coin price. An ideal investor keeps updates regularly after investment. To find out you can check whitepaper, team, website and other details. If you finds any suspicious any information, avoid this project from investment.

[sulendra12]

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

If it's a new one, you can clearly tell if those projects are scam or not by checking the website, teams, the community and the coin itself. If you look at Scam accusations thread, you will see the pattern most of the scammers do to scam us. You should check it out and implement it into your case.

[best123]

Pump and dump emptied my assets in Hotbit exchange. It taught me a scary lesson.
I bought SUSHI at $7 per token but I sold it less than a $1. I bought YFIB $29 per  token but it is less than a $1 now. I can go on and on.
I even invested in some DeFi projects that ran away with our money (investors).
Pump and dump is not nice for the business.