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Difference between revisions of "Dumping"
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(Created page with "The process of offloading large quantities of coins onto exchanges all at once which drives down prices because there is more supply than demand for that particular cryptocurrency. == Sources: == https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary Category:Glossary") |
m (adjusted wording a tiny bit and added more info) Tags: Visual edit Mobile web edit Mobile edit |
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The process of | The process of selling large quantities of a token in a short period of time, which drives down prices because there is more supply than demand for that particular cryptocurrency. | ||
Dumps are a common way bad actors [[rugpull]] as it does not require smart contract backend technical expertise. | |||
== Sources: == | == Sources: == | ||
https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary | https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary | ||
[[Category:Glossary]] | [[Category:Glossary]] | ||