Wash Trading by Token Issuers Continues to Plague Crypto Markets: Kaiko Report

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Wash Trading by Token Issuers Continues to Plague Crypto Markets: Kaiko Report The crypto space continues to be impacted by wash trading, a practice that artificially inflates token prices and trading volumes, according to a recent report by Kaiko cited by Bloomberg.

By artificially inflating trading volumes and prices, wash trading creates the illusion of liquidity and interest, leading investors to make decisions based on misleading information.

For retail investors, the risk is particularly high, as wash trading creates false signals of demand and liquidity, leading them to invest in tokens that may have little to no intrinsic value.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Wash trading Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 08:51:09 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 995 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23117136

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #121

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