Glossary - ChicksX

Shilling is promoting a cryptocurrency to boost its value, often without disclosing personal interest or potential biases.

Shilling is the act of aggressively promoting a cryptocurrency to drive up its price or popularity. This is often done without disclosing any personal stake or potential conflicts of interest. It can occur through social media, forums, or other communication channels. The promoter may exaggerate the benefits or downplay the risks to influence others. While shilling can create short-term price increases, it often lacks genuine value support and can lead to market volatility. It is important for investors to conduct their own research and be cautious of such tactics.