A pump group is a collective of individuals who come together to artificially inflate the price of a cryptocurrency. This is typically done through coordinated buying activities, often organized via messaging platforms like Telegram or Discord.Members of these groups share information about a specific token, encouraging each other to buy it at the same time. The goal is to create a rapid increase in demand, driving up the price significantly within a short period.Once the price reaches a certain point, group members often sell their holdings to realize profits, which can lead to a sharp decline in the price. This practice can mislead uninformed investors, who may buy in at inflated prices, only to face losses when the price plummets.While some might view pump groups as a way to profit, they carry a high level of risk and can be considered unethical or manipulative. Regulatory authorities in various areas have started to scrutinize such activities due to their potential to harm unsuspecting investors.