Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
5 Memcoins Face Pump and Dump Events

5 Memcoins Face Pump and Dump Events

HappyCoinNewsHappyCoinNews2024/10/24 18:01
By:HappyCoinNews

An expert under the nickname Danny Crypton analyzed the actions of cryptocurrency wallet holders who were behind the high-profile coin pumps and compiled a list of 5 memecoins that are at risk of a pump and dump.

5 Memcoins Face Pump and Dump Events image 0

The first on the list, the analyst identified the FIJI memecoin from the artificial intelligence (AI) sector, created by the WPCERC20 team. Today, its market capitalization is more than $3 million, and as part of the project, the creators also presented a collection to clients NFT on the platform opensea , the trading volume of which reached 635 Ethereum (ETH).

The second spot on the expert's list is occupied by FUN, a memecoin that has a bot for making trades; its market capitalization is currently equal to almost $7 million.

The analyst stated that another memecoin ORANGE could also become a victim of manipulators, as its trading volume on exchanges has increased significantly over the past few days, as has its capitalization.

The fourth place on the list goes to WMM, a historically themed memecoin. Despite the fact that the coin appeared only a day ago, its capitalization has exceeded $5,5 million, and the community is very active.

The last place was taken by the memecoin JIM, which also demonstrated a significant trading volume and attracted increased attention from investors, due to which its capitalization exceeded the $2,4 million mark.

According to the expert, it is the above-mentioned coins that may be at risk of the so-called pump and dump scheme, which involves creating the illusion of active trading to attract new funds, and then a quick sale to make a profit for only a small part of investors.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Meta Eyes Stablecoin Payments After Crypto Hiatus

Meta plans to integrate stablecoin payments into its apps, marking a return to crypto after three years.Why Meta Is Betting on Stablecoins

Coinomedia2025/05/09 14:00
Meta Eyes Stablecoin Payments After Crypto Hiatus

Best New Meme Coins to Invest in Now: Troller Cat Set to Jump 20% as Notcoin Holds Ground and Degen Surges

Troller Cat presale surges with ROI projections, while Notcoin and Degen trend in meme coin circles. Learn why these are the best new meme coins to invest in now..Unlocking Massive 69% APY Staking Rewards–Why Troller Cat Is One of the Best New Meme Coins to Invest in NowTelegram’s Favorite Token? Notcoin Climbs as Volume Jumps 13.5%$DEGEN Rally Accelerates With 76% Spike in Daily Trading Activity

Coinomedia2025/05/09 14:00
Best New Meme Coins to Invest in Now: Troller Cat Set to Jump 20% as Notcoin Holds Ground and Degen Surges