What is a Dump?

Basic information

A dump is manifested by a significant drop of a cryptocurrencies’ value. If an individual or individuals sell a large amount of cryptocurrency, it will be reflected in the market by a significant and rapid price drop. This term is also used in conjunction with “Pump & Dump”.

Pump & Dump usually refers to artificially inflating prices through false and misleading positive statements to sell cheaply bought cryptocurrencies at a higher price.

👉 Whole Charlie’s CryptoDictionary


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