The plan of increasing shipment does not originate from the encryption market, but it has become an important concern of the entire Web3 ecosystem. Many fraudsters use the decentralization of blockchain and the price volatility of encryption to implement these immoral trading scams. If you are considering buying counterfeit coins, you should know what is the encrypted high shipping scheme and know the warning signal of the encrypted high shipping scheme to help you avoid heavy losses.

1、 What is the shipping plan for pulling up?

The shipping plan is a form of market manipulation, where fraudsters spread false information to increase the value of their stocks or tokens. This strategy aims to allow as many retail investors as possible to buy the assets of this "higher shipping" group. After "raising" the price, fraudsters will sell (or "sell") their shares.

The higher shipping plan is usually aimed at stocks or cryptocurrencies with small market value, small trading volume and low liquidity. These small items do not require much capital to cause drastic price changes. In addition, because these projects are under radar, it is easier for the conspirators to hide their actions.

Once the shipping group has enough target digital assets, they promote false positive news to attract people to buy stocks or passwords. Before the advent of the Internet, many groups that boosted shipments relied on "sales calls", which meant that they would randomly call some people to try to sell them shares. Nowadays, it is more and more common to use social media websites, text messages or email to target retail investors.

The high shipment plan has a long history in the public financial market, but it has become more common in cryptocurrencies. The main reason why the high shipment conspirators tend to encrypt is the lack of federal supervision.

The Securities and Exchange Commission of the United States (SEC) has declared all plans to increase shipments in the stock market illegal. Therefore, if a shipping group is found to manipulate the stock, they will face severe punishment. In contrast, the federal government does not have clear guidelines on the legality of the high shipment scheme in the cryptocurrency exchange. In addition, the decentralized nature of blockchain technology makes it difficult for investigators to track the encryption of the shipment group.

2、 How does the encrypted shipping plan work?

Most of the most famous crypto pull shipping groups organize their actions on social media websites such as Discard or Telegram. The leaders of these groups will let the insiders know what their target token is every day or every week. When everyone got enough tokens of their choice, the group began to upload misleading articles on social media websites to attract retail investors. If the group that pulls up the shipment has contact with social media influencers, they may ask them to recognize the target cryptocurrency.

On websites such as Discard, Twitter and Telegram, you can often find the "higher shipment" plan to promote encryption projects. If these marketing strategies are successful, it may lead to a surge in demand for the target cryptocurrency. Once the price of tokens shows a parabola, the "higher shipment" group will cash out. This strong selling pressure pushed the token price down, resulting in heavy losses for those who bought at or near the top.

conclusion

Although it is immoral for cryptocurrency to drive up shipments, it is hard to say whether they are illegal. If the shipping group does not create its own target token or write malicious code into the cryptocurrency, it may be technically legal. This is especially true if the planners who drive up shipments focus on decentralized exchanges (DEX) rather than centralized exchanges (CEX).