Have you noticed whether all old cryptocurrencies went through ∧ shape in price?
Will all cryptocurrencies have gone thru this and let people make big profit?
There is no Crypto tokens that has not gone through this pump and dump phase even BTC, but the difference is if the project truly have a true product that solves people's problem, BTC has rise and dump several times and we all know that it will rise again because there is a strong fundamentals being it. Only shitcoins pump, dump and die
Pumps and dumps are very common in crypto market as new and old coins really tend to pump and then dump, and then vice versa. But for shitcoins, they will eventually pump and then suddenly dump and then totally lose their value. Unlike bitcoin and ethereum that are experiencing certain dumps at the moment but are expected to recover their prices once the market starts to pump.