Please guys I am relatively new into crypto. Some one added me to a coin pumping telegram group, since then I have been reading posts there, but don't understand what is going on there. What is coin pump all about?
this is when some kind of action fictitiously raises the price of a coin for some purpose, for example, they pour a lot of money into some kind of asset thereby heating up the excitement in the market, others who see it are starting to buy too! But this is a trap for those who buy these assets at a high price.