What is shilling in crypto?

At its core, shilling is the act of artificially promoting a cryptocurrency or token, often with exaggerated claims, to increase its price or popularity. 

But what’s the goal? 

Hype it up, get others to buy in, and then cash out, leaving latecomers holding the bag.

Shilling can come from anyone: influencers, anonymous accounts or even high-profile figures with political or financial clout. The common thread is manipulation: It’s not about educating you or building real value but pumping hype for personal gain.

Unfortunately, the line between enthusiastic promotion and outright deception can be thin, and many fall victim without realizing it. That’s why it’s critical to learn how to spot the signs early.

5 red flags you’re being shilled

Beware of crypto red flags like overhyped promises, anonymous teams, influencer shills, missing products

Read More at https://cointelegraph.com/explained/5-red-flags-youre-being-shilled-dont-buy-the-hype?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound