Caution on Memecoin Pump Group: Coordinated Buying Risks

Someone is proposing a memecoin group to have everyone buy the meme coin, push it up, and profit together.

I’m skeptical about coordinated pumping schemes. They rely on collective FOMO and manipulation, which can backfire as liquidity dries up, exits become difficult, and regulatory/platform scrutiny increases. While the idea aims for quick gains, the risks include sudden drops, rug risks, and reputational harm from participating in pump-and-dump dynamics.

Without a solid due-diligence framework, transparent mechanics, and clear risk controls, this approach often ends in uneven outcomes where only a few benefit at the expense of many ordinary participants.