noun Internet Slang

Pump And Dump

/pʌmp ən dʌmp/ · noun · slang

A scheme to hype a coin up, sell at the peak, and leave latecomers holding the crash.

0

Definitions

1

Loosely, any quick hype-then-abandon cycle where something is briefly boosted then dropped.

“The whole trend got pump and dumped by influencers in a week.”
by community
0
2

As a verb, to pump and dump a coin is to run that manipulation, often through organized chat groups.

“They pump and dumped three tokens last month alone.”
by community
0
3

A coordinated scheme where insiders hype an asset to inflate its price (the pump), then sell all at once (the dump), crashing it and trapping everyone who bought late.

“Classic pump and dump, the group bought early and dumped on followers.”
by community
0

Pump And Dump In A Sentence

Telegram is full of pump and dump groups preying on newbies.
It pumped 300 percent then dumped to zero in an hour, textbook.
Don't chase the pump, you'll be the one left in the dump.

Origin & Usage

A term from traditional stock fraud, especially penny-stock scams of the 1990s, now illegal in regulated markets. Crypto's unregulated nature made pump and dumps rampant, often run openly in chat groups.

Variants pump and dumpp&dpumped and dumpedpump group
Tags #money#internet#american#meme#gen-z

People Also Ask

What does 'pump and dump' mean in crypto?

It's a scheme where insiders hype a coin to inflate the price, then sell at the top, crashing it on everyone who bought late.

Are pump and dumps illegal?

In regulated stock markets, yes. In much of crypto they run openly in chat groups due to weak regulation, but they're still a scam.

How do I avoid a pump and dump?

Be suspicious of coins with sudden hype and no fundamentals, especially ones pushed hard in chat groups promising fast gains.

Comments 0