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Author Topic: Why is pump signals always associated with memecoins?  (Read 31 times)
Osas4real (OP)
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Today at 06:19:07 AM
 #1

At first, do you think this pump signals are advisable to join? I usually come across these free pump signals from a particular telegram platform I joined and the pump target is usually around 200x to 2000x the current price of the token... but every pump is always on a memecoin.. So, I would also like to know if pump signals are also there for other tokens that are not memecoins...
bit_stacker
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Today at 06:30:05 AM
 #2

Usually, Telegram groups that promise 200 to 2000 times profit, the owners of these groups buy meme coins that have low liquidity then promote them in their channel to buy, and it cause an artificial pumping of that meme coin. Larger tokens cannot be pumped because their liquidity is very high. this is why you can't get any profit from meme pumps

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Today at 07:08:18 AM
 #3

The reason why they mostly targeted meme coin is that they knows that it always reflects to hype, although, anyone who joined and got trapped will definitely know that they are gambling with meme coin. Of course the pump usually reflects with other coins but is not as manipulative as memecoin does, so when gambling with memecoin it's always advisable to use what you can afford to lose because whenever you used an amount or money you can't spare when it crashes on you it would be like you should commit suicide because it dumped on you severely that is why when dealing with memecoin just use little amount to gamble. I keep using the word "Gambling" is because it's volatility and when it dumped on you then you totally lose and there are no ways to recover it again and that is the final of that memecoin.

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Today at 07:51:26 AM
 #4

At first, do you think this pump signals are advisable to join? I usually come across these free pump signals from a particular telegram platform I joined and the pump target is usually around 200x to 2000x the current price of the token... but every pump is always on a memecoin.. So, I would also like to know if pump signals are also there for other tokens that are not memecoins...

At the start of my journey here in the community, it was advised to stay away from this pump and dump signal groups specially if yo are a newbie. So I heed those advise and never join any, free or paid groups.

But I never hold any to those who loves to take that big risk and join and maybe they did good in making money after all. However, it depends on the individual itself, just like I said, if you have the experienced then why not? But you should also be ready that in any moment, you can lose your money and so you have to understand the group itself as to when the signal is going to be made and you should be awake as well so that you won't be left behind.

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Today at 07:58:45 AM
 #5

Why some one should promote some interesting insights "for free" or maybe for a trivial price meanwhile he is earning a bag of cash by just pumping/shorting a coin?
I would avoid at all to following any of these "groups". If you have money to waste it's perfect otherwise...
The reasons could be also practicals. Meme coins have close to 0 as volume. it's really easy to pump and dump even with few thousands of dollars in the smaller markets.

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