Dumping

Revision as of 17:04, 26 April 2022 by Moleman (talk | contribs) (adjusted wording a tiny bit and added more info)
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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:

https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary