This article has been translated from English to Gen Z Slang.
A Pump and Dump (PND) is basically when big-shot traders, like whales or squads, squad up to hype up a crypto coin and then yeet it once the price shoots up – aka “pumping” it up. 💰🚀
You’ll usually catch the “pump” goin' down on the gram, Discord, or even like, Telegram. 🤳
More FOMO’ed peeps jump on the pump train thinking the coin's gonna keep blasting off to the moon. 🌕
They’re like, “I ain’t missing out on these easy gains, bro.” 😎
Price goes up super fast, and then the whale or trader squad suddenly peace out and “dump” it. 🚀🗑️
This whole shebang is called a Pump and Dump, my dudes. 💡