Listen As Audio

Best Way To Catch Altcoin Pumpers and Dumpers By Expert Researchers

Must Read

Bitcoin Mixers: The Firewall Protecting Your Crypto Identity

Bitcoin Mixers, in layman’s terms, can be seen as the firewall that protects an individual from having their...

A Ten-Fold Hike In Grayscale’s Investment Flagship: An Analysis On The BTC Trust Fund

According to recent reports, Grayscale BTC Trust fund has undergone a ten-fold increase in assets under management on...

Goldman Sachs’s Decision To Address The Hottest Assets In The Market

Reportedly, the American Multinational Investment Bank, Goldman Sachs plans to include Bitcoin as a significant subject in its...
IMG_20190416_190124
Akhilesh Agnihotri
Akhilesh is an engineer and research subordinate working with thecoinrepublic.com as a part of the research team and do research work on Cryptocurrency and Blockchain. His curiosity in research and writing brings him to thecoinrepublic.com, He believes writing is all about expressing the thoughts with words and spread information backed by well-researched work.
Listen As Audio
  • Researchers in the recent report by the “Sapienza University of Rome” has come up with a report called Pump and Dumps in the Altcoin, Bitcoin era.
  • An identification is made of a total of eight pumps and dump groups. The most popular being the Trading Crypto Guide, Big Pump Signal, and focused on Binance.
  • According to the report, a small group of admins organized into a hierarchy mostly manage the pump and dump groups.

While it is difficult to manipulate the prices of Bitcoin or any other crypto assets, investors in small altcoins have racked a way to overcome traps. This is in accordance with the new research findings. A recent report by the “Sapienza University of Rome” has come up with a report called Altcoin Pumpers and Dumpers in the Altcoin, Bitcoin era.

The basic findings of the reports suggest that to reap the benefits of the fluctuations occurring in the so-called market buy orders. It is when the investors want to buy quickly with whatever price is offered.

Pumpers and Dumpers Phenomenon

Advertisement


Researchers in the recent report by the “Sapienza University of Rome” has come up with a report called Pumpers and Dumpers in the Altcoin, Bitcoin era. By looking at the amount of information published along with the mentioning of price, it is possible to predict when a pump and dump scheme will start.

According to the findings, the algorithm by them does it quite instantly than any other solutions presently accessible.

The real-time detector used by the researchers has significantly outperformed the speed of detection from 30 minutes to a mere 25 seconds.

An exchange is worthy enough to detect pumpers and dumpers scheme way better than any other external observer. The researchers have taken the time of July 2017 to January 2019. While doing so they have identified a total of eight pumps and dump groups. The most popular being the Trading Crypto Guide, Big Pump Signal, and focused on Binance.

The Altcoin Pumpers and Dumpers Groups 

According to the study, these groups generate almost to the tune of a million dollars. The Big Pump Signal being the most popular with over USD 7 million with each operation.

Also, there are several smaller groups operating. The YoBit, Cryptopia, Bittrex with a generated pump ranging from hundred USD to half a million USD for each pump.

According to the report, a small group of admins organized into a hierarchy mostly manage the pump and dump groups.

Advertisement

Hot News

Bitcoin Mixers: The Firewall Protecting Your Crypto Identity

Bitcoin Mixers, in layman’s terms, can be seen as the firewall that protects an individual from having their crypto transactions used against them. ...

A Ten-Fold Hike In Grayscale’s Investment Flagship: An Analysis On The BTC Trust Fund

According to recent reports, Grayscale BTC Trust fund has undergone a ten-fold increase in assets under management on a year-to-year basis. An investment...

Goldman Sachs’s Decision To Address The Hottest Assets In The Market

Reportedly, the American Multinational Investment Bank, Goldman Sachs plans to include Bitcoin as a significant subject in its latest client conference call. The...

Cardano (ADA) Price Analysis: Is ADA Price Planning To Fall Below $0.50? 

Cardano is facing significant pricing corrections after going below the mark of $0.055  It is facing an overall gain of 2.00% in today’s market...

OmiseGo (OMG) Price Analysis: Coin Listing News Provided A Plastic Bullish Move To OMG

After surging to the price level of $2.20, OMG finally took a negative hit of 12.29%. Another case has been made that how...

Tron CEO Justin Sun Lately Announced The Launch Of Tron 4.0

Tron Founder and CEO Justin Sun set Twitter on fire yesterday through the announcement of Tron 4.0 launch. He mentions that Tron 4.0...

Partners

A Ten-Fold Hike In Grayscale’s Investment Flagship: An Analysis On The BTC Trust Fund

According to recent reports, Grayscale BTC Trust fund has undergone a ten-fold increase in assets under management on a year-to-year basis. An investment...

Goldman Sachs’s Decision To Address The Hottest Assets In The Market

Reportedly, the American Multinational Investment Bank, Goldman Sachs plans to include Bitcoin as a significant subject in its latest client conference call. The...

Cardano (ADA) Price Analysis: Is ADA Price Planning To Fall Below $0.50? 

Cardano is facing significant pricing corrections after going below the mark of $0.055  It is facing an overall gain of 2.00% in today’s market...

OmiseGo (OMG) Price Analysis: Coin Listing News Provided A Plastic Bullish Move To OMG

After surging to the price level of $2.20, OMG finally took a negative hit of 12.29%. Another case has been made that how...

RELATED NEWS

Bitcoin Mixers: The Firewall Protecting Your Crypto Identity

Bitcoin Mixers, in layman’s terms, can be seen as the firewall that protects...

A Ten-Fold Hike In Grayscale’s Investment Flagship: An...

According to recent reports, Grayscale BTC Trust fund has undergone a ten-fold increase...

Goldman Sachs’s Decision To Address The Hottest Assets In...

Reportedly, the American Multinational Investment Bank, Goldman Sachs plans to include Bitcoin as...