5 ms·
Ok, let's call it a pump and dump scheme then. The end result is the same: high profit for those in control (early adopters) and latecomers get the bill.
by consp 5y ago
Ok, let's call it a pump and dump scheme then. The end result is the same: high profit for those in control (early adopters) and latecomers get the bill.
- imtringued 5y agoNFTs are most likely pump and dump. Established cryptocurrencies aren't following that pattern though. They get bigger and bigger until they are no longer sustainable. That's much closer to a pyramid scheme than pump and dump.