Pump-and-Dump Holiday Tokens
Crypto Lifestyle
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Watch out for “holiday-themed” coins like Xmas Coin (XMAS). Early buyers often hold large stakes, creating classic pump-and-dump setups. Recycled project names and concentrated ownership are red flags. Avoid tokens lacking transparency in ownership, liquidity, or team credentials.
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Staying alert during holidays can prevent costly security mistakes.
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Simple security steps go a long way in protecting funds.
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Simple rules are often the hardest to follow.