I entered Crypto market for 2 months and usually see the term "pump and dump", and some P&D groups. But i wonder they pump by selling and buying themself, so when price go up, who will buy it for them and they sell that for who???
The owners of the group just throw a coin, they BUY them first so they can make all the profit.
And all the other members are just buying those coins and pumping the price, and then the owners just dump their coins.
It is just pure capitalism.