By a single individual should be avoided in order to avoid pump and dump schemes. Make sure the price increase is based on genuine demand rather than manipulation by conducting your own research.
Fraudulent business models
A fraudulent business model is a kind of venture trick where returns are created by selecting new financial backers instead of by any genuine business movement.
A pyramid-like structure is created by the early investors receiving returns on investments made by later investors.
Pyramid schemes have been around for a long time and have also entered the cryptocurrency industry. The majority of investors in crypto pyramid schemes lose their money, despite the fact that some of them promise high returns in a short period of time.
