$ENSO 🧠 How “gamblers” operate the pump-and-dump chain (in practice)



1️⃣ Creating scam coins = very easy
• Fork existing code (ERC20 / BSC)
• Give them AI / DeFi / Web3 / Layer names
• No need for products, no need for users
• Cost: a few hundred to a few thousand USD

👉 Compared to the dump profits: very cheap.



2️⃣ Pump coin A to collect money
• Keep the price high for a long time → attract all the bored investors
• Pump for 1–2 days:
• +70%
• +100%
• Top gainers
• Retail investors rush in → real liquidity appears

👉 Retail’s real money = the house’s profit.



3️⃣ Dump ENSO (for example) in a “cultured” way

Looking at the chart you sent:
• Withdrawal of demand → long red candles
• Price quickly drops to EMA
• People chasing get stuck at the top

👉 At this point, the house has collected enough.



4️⃣ Hold that money → pump coin B (NOM, other coins)
• Repeat the same script:
• Sideways movement
• Sell deep
• Pump sharply
• Retail investors again think:
“Wow, this coin is stronger than that coin”

👉 Essentially, it’s the same flow of money, just changing the coin’s name.



❗ Why is it called “scam” directly?
• ❌ No value creation
• ❌ No product creation
• ❌ No transparent information sharing
• ❌ Latecomers have no fair chance

👉 This is a zero-sum game:

To have a winner → necessarily means someone loses.



🔥 Looking at ENSO now, it’s clear it’s a “money dump” phase
• Peak at 2.5 → quickly falls to 1.75
• EMA5 breaks, EMA10 gets tested
• Volume of dumping increases

👉 The show phase is over.



🧭 What should aware people do?

✅ 1. Don’t hate crypto — hate the right targets
• Crypto ≠ scam coins
• Scam coins ≠ the market
ENSO-16,25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)