The Pump-and-Dump Monopoly in Cryptocurrency

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According to the results, this is an extensive process with profitability, highlighting that it demands inputs and regulations from the industry to face and manage the price manipulation of crypto.

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Cryptocurrency

Bitcoin was introduced as a digital currency in 2009. In addition to bitcoin, many other currencies exist with the status of primary online currencies.

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The pump-and-dump Monopoly

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The widespread progress of cryptocurrencies paired with technological changes has made an easier way for pump-and-dump schemes.

Why should pump-and-dump phenomena in cryptocurrencies concern us?

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The recent trends in the financial system reflect the fact that bitcoin is making its mark as an asset in the system.

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