On April 14, some counterfeit altcoins such as RAVE, under the push of market makers, saw their prices surge by dozens of times within a short period. Although such pump-and-dump behavior is controversial, aggressive investors still actively participate. The project teams quickly pumped the price to cash out, represented by FF and INX. FF doubled from $0.07 to $0.17641 in the early morning of the 11th.

April 14, some counterfeit altcoins like RAVE surged by dozens of times in the short term under the push of market makers. Despite the controversy around such pump-and-dump behavior, aggressive investors still actively participate. The project team uses market sentiment to quickly pump up and cash out, represented by FF and INX. After FF doubled from $0.07 to $0.17641 in the early hours of the 11th, it quickly fell to $0.07786. After INX’s pump for one day, at least two addresses sold tokens worth about $400k, causing the coin price to be cut in half. FF and INX were once fundraising projects <a data-currency='RAVE' href='/trade/RAVE_USDT'>$RAVE <a data-currency='PUFFER' href='/trade/PUFFER_USDT'>$PUFFER <a data-currency='FF' href='/trade/FF_USDT'>$FF