Best Crypto Pump and Dump Groups in Telegram for 2024

How does the pump and dump strategy work?

In order to ensure this strategy is successful. The organizer or pool of organizers choose an asset. In most cases, the asset is a low cap cryptocurrency that is always traded in a flat trend. That means it is not something that would normally capture the attention of other investors. In most cases, such an asset costs only a few cents because it is much lower than popular assets on the market.

Organizers buy this asset in low volumes so as not to trigger a market frenzy which can lead to higher pricing within a short time. As acquisition of the coin or asset is ongoing, the organizer lays out a well-thought out marketing strategy. Marketing can be done both online and in other media. The message of the campaign is usually a promise of future yields. That is what gets more people attracted to the particular coin or asset.

As people start buying the coin, organizers also buy in and this causes the price to jump up. As traders watch the trends regarding the particular coin, they start buying it out and that inflates the price. This frenzied buying of the coin is referred to as the first pump and is often characterized by a large sale of tokens or coins.

After the first pump wave, organizers allow the prices to decrease to their reasonable minimum. Afterward, they repeat the same process. The second wave is often characterized by higher prices and more traders getting interested in the particular coins. As prices reach peak levels. Organizers sell off all their assets and get a considerable amount of profit.

Risks associated with the pump and dump strategy

Just because pumps and dumps can make you money doesn't mean that you will not face risks. For one, you need to be sure that you are joining a legitimate group when thinking of using this strategy. Keep in mind that there are hundreds of groups or organizers that may claim to have a sound strategy only to end up messing everything up.

Another risk you are likely to encounter is that you are never really sure if the strategy will work. You may end up investing a significant amount of money in buying coins hoping that you’ll sell them out when prices rise only to realize that your pump and dump strategy is not working as effectively as it should.

There is also the risk of having to deal with the law. Remember that some people consider this strategy illegal and may therefore end up reporting you as a scammer.

The best crypto pump and dump groups

There are many different pump and dump groups operating in the cryptocurrency space today, each with their own strategies and tactics that they use to drive prices higher. Here, we take a look at some of the top crypto pump and dump groups out there.

Sharks in Pump

Sharks in Pump is one of the largest crypto-related groups in Telegram with over 57,000 subscribers. They provide weekly Binance and Huobi pump signals. Some signals are free, but members of a paid VIP group get up to 5-10 signals with a high success rate.

Mega Pump Group

Mega Pump group manages pumps on Binance. It is a large group with over 50,000 subscribers on the Telegram channel. When pumps are initiated, the group gains volume pretty fast thanks to its large membership base.

The group provides all information for free which is why it has become one of the most popular through the years. Individuals can find a lot of information regarding trading when in this group. It is worth pointing out that it also has a support forum where members can exchange ideas and ask questions regarding trade.

Big Pump Signal

Big Pump Signal is one of the largest pump and dump groups in existence today. It boasts of over 70,000 members on the Telegram channel and up to 200,000 members on the Discord channel. This group coordinates cryptocurrencies on the Binance exchange.

This is another free group and therefore anyone can join without worrying about paying an initial fee. The group has an affiliate program that gives preference to members who have referred other people to its channels.

In case you join the affiliate program, you’ll be able to receive information regarding upcoming pumps earlier than members who have not referred anyone to the group. This group’s success is attributed to the large number of subscribers who take heed to pump calls and participate when the activity begins.

Big Pump Group

Big Pump group is another pump and dump group that carries out its activities on Binance.com and Kucoin.com. This group has a similar affiliate program like the one that Big Pump Signal uses.

In this case, members who have referred other people to the group tend to enjoy more privileges including receiving information before regular members. The group has over 30,000 members and is still growing.

Verified Crypto Traders

For those who enjoy a more interactive experience, the Verified Crypto Traders program may be an excellent option. This is because the platform is headed by a highly experienced trader with over 30 years of experience. He uses complex mathematics and patterns to make market predictions. VCT is most well-known for its spot trading signals and YouTube channel. This channel makes it easier for subscribers to understand the products, processes, and how to become more successful with the strategies used.

Moreover, VCT enables its $40,000 subscribers to use the Cornix bot to totally automate your trading. Also, admins post signals based on Scalp or Swing trades

This group is priced based on subscriptions periods, which are as follows:

Mega Pump Group

On the other hand, the Mega Pump group is a larger group with over 50,000 subscribers. This group handles pumps on Binance. This enables the group to gain volume rather quickly once these pumps are initiated. Best of all, the group can be joined free of charge. Those who join the group gain access to a wide array of trading information. Moreover, the group offers its own support forum allowing members to exchange ideas and trading advice.

Universal Crypto Signals

Another great option is the Universal Crypto Signals Telegram group. It’s been in existence since 2018 and has grown to over 27k followers on its public channel. Heralded for its over 96% accuracy for Binance altcoin trading, the platform uses a variety of crypto signals telegram channels. No matter if it’s a bear or bull market, the experts associated with this channel offer technical analysis as well as fundamental market analysis. This group has six different tiers and offers prices as low as $66 for one month of service and up to $1200 for a year’s subscription to the highest tier.

Learn2Trade

Founded by top crypto traders with over a decade of experience, Learn2Trade group has quickly become one of the most respected and trusted pump and dump groups for crypto trading. They provide access to daily signals, analysis of market trends, a forum where members can share ideas and strategies, as well as training courses to help you learn more about cryptocurrency trading.

Crypto Pump Club Review

Crypto Pump Club is a well-known player in the realm of crypto pump and dump groups on Telegram. As the name suggests, the Crypto Pump Club is a community where members unite to coordinate rapidly buying and selling a certain cryptocurrency to inflate its price. This artificial price inflation is followed by a swift exit to maximise profit gains.

Crypto Pump Club asserts that it provides insider information and signals to its members, promising quick gains. The group charges subscription fees for access to their signals and coordination efforts. It has a large membership base comprising 254,463 members. While the huge membership indicates a higher potential for coordinated price manipulation, it also makes it challenging for members to secure profits.

Binance Killers Review

Binance Killers is another crypto pump and dump Telegram group claiming to offer profit opportunities for traders. It also charges for access to signals and has a subscription base of 130k members. The group provides crypto signals orchestrated from price pumps. It encourages its members to buy into a certain unpopular coin, thereby creating a temporary surge in price.

Taking part in Binance Killers or similar groups can be extremely risky. Pump and dump activities are regarded as illegal in some jurisdictions. Due to the price manipulation of cryptocurrencies, these schemes often lead to financial losses for those joining in late since prices can plummet as fast as they rise. Therefore, you must approach these groups with a high degree of scepticism.

Investors and traders must prioritise ethical and responsible trading practices. As a result, they should avoid partaking in schemes that lead to market manipulation. You should stay informed about the risks associated with crypto pump and dump groups and exercise caution if you are considering engaging in such activities.

When considering participating in these groups, you should thoroughly research the risks and potential legal implications of crypto pump and dump activities.

How to choose the right Telegram pump and dump group

If you decide to join any Telegram pump and dump group, be sure to find out what algorithm they are using to determine the best signals. Consider how accurate a particular group has been in the past and use that to determine if it is a reliable group.

You should also find out how effective a particular group is when it comes to communications. A good group usually shares information long before the pump and dump process is initiated. That way you are ready to take action before the event.

Listening to what other members in the group are saying is another way to determine if a particular group is suitable. In most cases, you can find a lot of reviews regarding the most popular groups. Use such information to judge each group.

Another way to determine if a particular group is worth it is by checking the date of establishment. If the group is only a few days or weeks old, chances are that it may not be the best. Instead, go for groups that have been around for a considerable amount of time.

Are crypto pump groups legit?

Although some people are reluctant to join pump-and-dump Telegram groups, they are not against the law and can become a healthy addition to some investors' arsenal of trading tools. Nevertheless, subscribers should be mindful of the fact that, at best, pump and dump is manipulative practice. This, at times, can render them less than stable and reliable, especially when thinking in the long term. However, as long as users are aware of this and do not put all of their investment eggs in one basket, these groups can be quite lucrative to the vigilant investor.

Either way, users should always be mindful of how this manipulation can affect the market. Luckily, most pump-and-dump Telegram groups provide users with relatively legit info, for example, announcements of some token sales, etc. In order to maintain a healthy balance, those who subscribe to these groups should also use groups with regular crypto signals as well. In doing so, users can become more equipped to understand and navigate through the fickle crypto realm. Given the volatile nature of crypto products overall, pump-and-dump groups in this realm are considered less of a threat to the collective. Nevertheless, users should always be careful to invest more than they are willing to lose. This advice applies to all investments, but especially to crypto; given that the realm is still in its infancy, there is no tangible way to know what the future holds for long-term investors.