What is shill in Crypto?

Shilling/pumping refers to the practice where someone actively and maliciously promotes a cryptocurrency to inflate its value and lure new investors towards it . The goal of these people, known as shills, is to advertise or sell the cryptocurrency by any means necessary and pump its value to bolster their own profits.

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What does it mean to shill a coin?

A person engaged in covert advertising for a cryptocurrency . The shill attempts to spread buzz by personally endorsing the product in public forums with the pretence of sincerity, when in fact he is being paid for his services. When a coin is promising to solve world hunger, it’s being shilled.

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