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The Bitcoin Rally Will Likely End by Next Week - BTC Has Major Resistance Directly OverheadThis paper examines pump and dump schemes. The recent explosion of nearly 2, cryptocurrencies in an unregulated environment has expanded the scope for abuse. Typically, a pump-and-dump crypto scheme starts with an organizer gathering influencers in a private group online. They'll coordinate buying the target crypto. Dump or dumping describes when a lot of selling of a cryptocurrency takes place all at once. This can happen across a single cryptocurrency.
