What Is Pump And Dump?
8.0BRAINROT SCOREPump and Dump A scheme in which an asset's price is artificially inflated through hype or misleading promotion (the "pump"), then sold off by the organizers onto the resulting buyers (the "dump").
Origin:A much older general-finance and securities-fraud term, tracing back to stock manipulation schemes in the 1920s (including cases involving RCA stock) and notoriously associated with 1990s "boiler room" brokers and dot-com era stock fraud, well before crypto existed. Crypto communities adopted the term later to describe altcoin and token schemes.
First Seen:1920s (finance origin) / 2013-2014 (crypto adoption)
Peak Era:2017-2018 (Altcoin ICO Era)
Aura Impact:+7 Aura (spotting a pump and dump before it dumps) / -9 Aura (getting dumped on)
EXAMPLE USAGE
"The influencer shilled the token for a week, then a pump and dump left his followers holding the bag."
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