I stumbled on the group through Instagram, where it had barely any followers, and then opened their Telegram and found 150,000 members. I try most things at least once in this space, so I joined to see how the machine actually works. Here is the short version of a fairly tedious trip.
When?
Nobody can post in the group except the admins. Their announcements follow a fixed rhythm: first the date of the next pump, then a series of reminders as the day gets closer. It looks like they run one every three days or so, maybe two or three a week.
How?
There is an exact start time. At that second, the announcement is nothing but a ticker symbol, and the price goes vertical. That lasts roughly a minute. It hangs near the top for another minute, then falls back to more or less where it started. The admins describe this as "holding the pump for two minutes to attract outside investors", which I think is a polite way of describing who ends up paying. More on that below.
Where?
All of it runs on Hotbit, which I had never used and which looks about as bad as you would expect. I assume there is a good - meaning shady - reason for choosing that exchange, but I do not know the details, so fill me in if you do.
What happened to me
I put about 28 USDT on Hotbit, moving it through XLM to keep the transfer cheap. I had the exchange screen open on one device and Telegram on my phone, waiting for the ticker. The second it appeared I pasted it into the search box and tried to buy with everything I had, while the price was already running away from me. Pre-pump the token was around $0.0038. My order filled 19 seconds in, at $0.039 - already up tenfold. I had no idea what I was doing in that interface, but I knew a few more seconds and I would be finished, so I dumped everything at $0.051. The top turned out to be $0.06. I made roughly $10.
What I take from it
Sounds fine, right? It is not. The move to the top takes seconds, which means a slightly late fill has you buying the high and watching the position lose most of its value inside a minute. There is obviously a layer of people who already know the ticker, and the rest of us just add fuel to their exit. The "attracting outside investors" line does not survive contact with the chart: if outsiders were really buying, the price would not land back exactly where it started.
If you want to gamble, sure, it is a thing you can do once. Just understand you can put in $1,000 and come out holding $100 of a dead token. You are never going to be fast enough for the headline 1100%. I got out about 30% up purely because my size was tiny - with 10k USDT in there my fill would probably have landed at the top and I would have looked like a clown.
Anyway, if there is some other nonsense you want tested with my remaining $38, say the word.