Why is pump signals always associated with memecoins?

[Osas4real]

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]

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

[DPHOR]

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.

[Dave1]

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.

[bitbollo]

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.

[gunhell16]

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...

I'm not fond of joining those kinds of things, because what usually happens is many people get scammed and become victims of opportunists. I'm not saying that's always the case,
but it happens a lot. For me, it's just a waste of my time.

And if those schemes keep focusing on meme coins, I think it's because they know there are many crypto communities that are easily fooled and believe the hype
around meme coins in the crypto space.

[pawanjain]

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...

First things first, never ever join a pump and dump coin because all of them end up in losing money.
Most of the pump signals are for meme coins because they are comparatively easy to manipulate.
So pumping meme coins require less volume but I have also seen other coins getting pumped and dumped as well.
It's not just the meme coins but quite often its them.

[Ahli38]

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...

I don't recommend joining pump signals, where most of them are just taking advantage of the crowd to help them pump up the tokens they invested in early. And their free services are an indication that they have an agenda behind them. Memecoins are altcoins that usually have no use case. And that's why they are often called shitcoins. Memecoins can be created by anyone and even anyone can manipulate them. The low market cap of a memecoin can inflate it many times over if there are enough investors entering the market. So it's no surprise that we see various memecoins experiencing huge price increases.

[Stable090]

At first, do you think this pump signals are advisable to join?

I don’t always encourage that because most of them are fake, I know some might be real, but it’s just difficult to identify the real ones, the rest are fake. We all have seen different telegram and WhatsApp groups offering signals, which all they want from you is your money, they going to ask you to pay them before you will be added to the group, immediately you pay them, and you are added to the group, then you going to discover that you have been scammed.

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...

You should be careful with all those groups, if you are not careful you will end up falling into the wrong hands. Which coin are you expecting them to pump if not meme coin, can anyone pump bitcoin? You know it’s not possible, so they can only pump memecoins.

Don’t be surprise that some of them are the owners of the meme coins, they pump it so that they going to dump everything on people that decide to invest or trade. Pumping a coin isn’t easy, so anyone pumping the meme coins must be so rich, or maybe knows the coin team.

[Bushdark]

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...

Ther are pump signals that can be tempting to join especially when you have seen different claims of profits members had made from the community but that should not be a problem if you are convinced to join but you need to remember that you can lost money when the community take profits before you. They can call a signal and enter the market before you and that can make you get a late entering and when you are not smart to take profit before them, they could dump the price on you and you can lose money.

[TastyChillySauce00]

Meme coins are easy to manipulate and usually have low volume so a group can pump it, honestly it's unethical and there's good chance that you're gonna be their exit liquidity.
If they choose coin like ETH their pump dump manipulation won't even budge 1s chart so meme coin is their best target.

In short, it's all just a trap. I advise you not to join these kind of groups, your money is actually their target not the meme coin.

[asriloni]

A pump signal is not even advisable to join. Don't make yourself as Pump signal guy's slave. There will never be a legit pump signal. The truth is that the guy who owned the pump signal group already. bought at the bottom before he shared it to his members. Once he shared it, then his members pump it. So he dumps his bag and act like nothing happened.

The only dumbest person who ever joined this crap pump signal event. Don't tell me you're one of them. 

As for why they pumped meme. Mostly meme went from very very low mcap, and it needs only a few thousands of bucks to create a manipulation candle. So they can pump it so easily to fool their members.

[passwordnow]

So, I would also like to know if pump signals are also there for other tokens that are not memecoins...

There are also for the other coins and it's not exclusively only for the memecoins. I think that's because of the history of memecoins where in these fake pump signals and groups have appeared due to the hype of it in the past. But are you guys believing on it as if it's for real? let's say that they might be real but for how accurate they will be if ever you've joined one? I am not interested in joining in any of them because I am quite sure that it's not real and it's only going to take my money away if they start asking for the membership fees aside from the actual money that I have to trade with their wrong signals.

[Hispo]

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...

It is a matter of liquidity, as others in this thread have already mentioned. Memecoins which have low volume per day are easier to manipulate then top cryptocurrencies by market capitalization, even if people managing pump and dump schemes wanted to go for those high liquidity assets, they would need millions, perhaps billions of dollars, in order to manipulate the market at their will (only whales can do that successfully).

I would advise you to stay as further away as possible from those Telegram groups, those people do not want to help you to make money, rather, they want to use you in order for them to make money. It is better for you not to life off those fake promises and just fend for yourself in this market.

Remember: there are scammers and fraudster around every corner in this ecosystem, sadly.

[nelson4lov]

The reality is that it takes much less money to move a memecoin chart. If you' try to do the same with a regular mid cap to big altcoins, you end up finding out that you only move bigger alts chart with decent amount of liquidity; probably 100x to 1000x the volume you'd need to prop up a simple memecoin token. So we you can see, it's not worth it.

[Humblevirus]

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...

It all because it is memecoin projects can be easily manipulated. Since they control the memecoin projects and that is why signals always come from memecoins. It’s not always going to be easy for some set of people to control a project that has a high market cap, because they will need a lot of funds to control such projects with a strong ground. Even the projects they give signals about are always new projects.In fact, as for me, I don’t believe in signals, because even those who share the signals are not straightforward. For some of the signals they give, they will still use someone else to make profits. Some of them are even scammers they don’t have any real signals at all.

[pooya87]

At first, do you think this pump signals are advisable to join?

Obviously not and the reason is very simple. If anybody could predict the market, they would have never needed to sell that prediction as signal to others. Instead they would have made a fortune

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...

Well it is not a signal they are selling, it is their wishes. If enough newbies end up following them and be foolish enough to buy into the shitcoins they advertise, that shitcoin would go up and THEY make the most profit from that naivete.

The reason why small shitcoins are chosen (memcoins have small markets) is because it is a lot easier to pump such shitcoins as opposed to pumping some big shitcoin that has a lot of bag holders that will start selling the moment they see a rise starting. Something that would prevent the pump.

[Webetcoins]

Pump signals are not always but mostly associated to memecoins because these memecoins spend some decent amount in false promotions. This is where they get traction from. They will pay some to give false signals and hundreds of people will believe it just to start buying the memecoin.

This will trigger the price upwards for a meanwhile because there will be some buying pressure but it will never hold the price and will start dumping hard. You should never trust these signals mostly if they are associated with memecoins.

We can simply assume that the owner of that signal group is paid well by the memecoin owner so they are just trying to promote the memecoin so a lot of people who rely on these signals can start buying.

[beveryu778]

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...

Pump signals are primarily associated with memecoins due to their low liquidity as they are easier to control the price. I do not believe that it is a good idea to join these signals, and in the end, the majority of people become exit liquidity, whereas the insiders gain.

Similar tokens also have pump groups however, the danger is identical. It is preferable not to have cues and trust to your analysis.

[tygeade]

It all because it is memecoin projects can be easily manipulated. Since they control the memecoin projects and that is why signals always come from memecoins. It’s not always going to be easy for some set of people to control a project that has a high market cap, because they will need a lot of funds to control such projects with a strong ground. Even the projects they give signals about are always new projects.In fact, as for me, I don’t believe in signals, because even those who share the signals are not straightforward. For some of the signals they give, they will still use someone else to make profits. Some of them are even scammers they don’t have any real signals at all.

You have mentioned a good point here about the market cap. Usually these pump signals will target coins which do not have a higher market cap because they can easily be manipulated. Once they publish the signal, the price immediately starts pumping and a lot of people think that the signal is genuine which will just continue the buying pressure. This will only last until the creator of that signal starts offloading his positions which will dump the price below the entry price and a lot of people like OP will end up in loss or worst, they might still continue holding their orders thinking that the memecoin can recover back.

OP, you should never trust these signals and try to make your own analysis. I don't say investing in memecoins can be a bad idea if you want to make quick profits but try not to stick around with memecoins instead look for some coin which has real world utility.