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Cake day: November 27th, 2023

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  • nomous@lemmy.worldtoScience Memes@mander.xyzHabits of Insects
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    13 hours ago

    100% spot on, pump and dumps are especially rampant in crypto because a couple of people can generate a ton of coins and own the entire market for that coin. If they can get that price to rise even just a fractional amount through whatever completely unregulated means they can dump it to the suckers buying and cash out. It’s like printing money but the printing presses are stupid people.