$Shield: Preventing “Pump and Dump”

By
A “pump and dump” is a form of market manipulation where a group of individuals work together to artificially increase the price of an asset and then swiftly sell it for a profit.
By permanently publishing the $Shield floor exchange rate of NTC-$ against the US Dollar Coin, operators can easily assess any unjustified surge in the price of the NTC-$ currency.
The $Shield acts as an obstacle for promoters of “pump and dump” schemes, preventing their manipulation tactics.
Quick Links
Useful Links
Get In Touch

Similar Posts

At all times, the $Shield serves as an uncrossable floor guarantee.

By

When investing in cryptocurrencies, it’s crucial to consider the potential consequences if the price of Bitcoin were to lead to a decline in the overall cryptocurrency market. In such a scenario, your investment could be at risk. To safeguard against this risk, we present a unique cryptocurrency that offers an unbreakable floor exchange rate against…

$Shield = a safe guarantee

By

INNOVATION: The $Shield is the vault storing the NTC-$ collaterals (i.e. US Dollar Coins)A smart contract, a robot independent of the NTC platform, validates the issuance of NTC-$ only when the USDC contributions have been paid into the tamper-proof $Shield safe and recorded on the Ethereum blockchain.The $Shield determines the NTC-$ exchange rate versus US…

NTC-$: A Defi Application built on Ethereum

By

DeFi (Decentralized Finance) applications are powered by blockchain networks, particularly Ethereum, and leverage smart contracts to automate transactions seamlessly. Smart contracts are self-executing computer programs that can enforce the terms of an agreement between multiple parties. NTC-$ represents the first cryptocurrency within the NTC-Currencies process, which is a DeFi application developed on the Ethereum blockchain….

An ERC20-standard crypto

By

Crypto tokens that follow the ERC20 standard are programmable, which means that their functionality can be defined by the smart contract that creates and manages them. DFG One of the current challenges is the loss of credibility of some stablecoins due to issues with the solicitation process. Using the ERC20 standard, wallets can store all…