Pump and Dumps Are the Final Indignity for Dying Coins

You can tell an altcoin is close to death when its price soars. That may sound like a contradiction in terms, but that’s what can happen to crypto assets when they’re in the throes of death. With low liquidity and thin volume, exchange-listed altcoins are prey to manipulators who will send them skyward one final time for a quick profit.

Also read: Bitcoin History Part 7: The First Major Hack

Original source
https://news.bitcoin.com/pump-and-dumps-are-the-final-indignity-for-dying-coins/

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