How Engagement Farming Turns Into Pump-and-Dump Schemes

[madtrader]

The exposed account linked to a meme coin campaign shows how engagement farming feeds directly into pump-and-dump strategies. After building a large following, these accounts promote obscure tokens like CHIBI, often tied to trending names or personalities to boost credibility.

Once the hype builds and prices rise, early insiders exit with profits while late buyers are left holding depreciating assets. As these schemes become more sophisticated, investors need to focus on fundamentals, avoid hype-driven trades, and question any sudden surge in online popularity.

[nihalsari]

nothing says solid fundamentals like a coin named after whatever’s trending this week