Chapter 2 - Spotting Risks in Meme Coins
IN THIS LESSON
Pump and Dumps
Groups on X or Telegram hype a coin to lure buyers, then sell at the peak, leaving newbies with losses.
Example: A coin jumps 500% in an hour, then drops 90%—classic pump-and-dump.
Clue: Sudden X chatter with no real news, or “shilling” by sketchy accounts.
Protect Yourself: Don’t chase crazy spikes—wait for stability or skip it.
Bottom line: Hype trains derail fast—don’t be the last one on board.