Analysis: 24% of the tokens launched in 2022 that "got traction" saw a price drop of 90% or more in the first week of trading, suggesting pump-and-dump activity (Chainalysis) #GeekLeap


Chainalysis:

Evaluation: 24% of the tokens launched in 2022 that “bought traction” noticed a worth drop of 90% or extra within the first week of buying and selling, suggesting pump-and-dump exercise  —  Pump and dump schemes in conventional finance are fairly easy: Holders of a tradable asset, reminiscent of inventory in an organization …

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