The crypto market is generally subject to artificial manipulation. People who have big crypto assets crank up the dump and pump in the market ... it happens all the time.
This is a market. This is normal. In the stock market, about the same thing happens. Of course less volatility but the principles are the same.
There will always be a risk in the market, no matter what it is, a cryptocurrency or a regular one, then you have to be an experienced investor.