Don't invest in shitcoins pumping on dex aggregators

Saw another post about a member doing some block explorer sleuthing on a pump and dump scam and wanted to provide some education on its mechanics so everyone here doesn't get got.

Unfortunately it is pretty common and nothing new. The idea is that the coin gets listed on DexScreener, DexTools, or some other aggregate coin tracker and sees a huge artificial pump due to the scammer providing liquidity and wash trading between accounts. Either bots or foolish speculators buy the coins hoping for a fast profit, but really the scammer is the only one who can cash out while the bots or speculators are unable to sell, no matter how high they set their gas fees. After a short period the scammer pulls the liquidity with the newly added outside capital and repeats with a new shitcoin. Rinse wash and repeat, hence why it's easy to see on block explorers. The biggest takeaway is to not pile into too good to be true pumps found on screeners.