💩 Researchers study over 500 cryptocurrency pump and dump schemes
Researchers released a paper examining 500 crypto-related pump and dump schemes. Findings include: in 229 P&Ds, pump groups specified the returns they target, with the average target return being 212 percent; approximately two tokens are pumped per day on average; the likelihood that a token will be pumped on any given day is 0.3 percent.
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