Thirty-Eight Pump and Dumps Mark a Treacherous Week

The broad market spent the first week of November doing its slow, grinding routine, which means the real drama happened at the edges, where the small coins live. And this week the edges were busy.

A Week With a Body Count

From November 2 to November 8, 2026, the radar logged 283 unusual moves. Thirty-eight of them turned out to be pump and dumps.

That is the number that defines the week. Not a scattering of bad luck here and there, not one spectacular blowup stealing the headlines. Thirty-eight separate times a coin lit up green, drew a crowd, and then folded. Some of them you could see coming. Plenty you could not. The week was less a market and more a minefield with good lighting.

So let's walk through it carefully, starting with the one that made the biggest crater.

Three Numbers That Tell the Whole Story

SNOWMOON, a micro-cap, did its damage in three figures.

It spiked 72.5%. It did it in about an hour. And it closed the day down 77.6%.

Read those in order and you have the entire arc. A fast climb, a crowd gathering, and then a drop that didn't just erase the spike but dug well below where the whole thing started. A rise of 72.5% is a party. A finish of minus 77.6% is the part of the party where you check whether your wallet is still in your pocket.

What makes it worse: hardly anyone saw it coming. The move had the courtesy of being quick and the cruelty of being quiet.

The SNOWMOON Replay

Here is how it actually went.

SNOWMOON opened the session as just another micro name nobody was circling. Then the candle went vertical. In about an hour it was up 72.5%, which is the kind of line that frames beautifully and ages terribly.

For that hour, SNOWMOON looked like the trade of the day. The read on the coin leaned strongly bullish while it was climbing, and for about an hour that read felt like genius.

Then the floor went. Not a wobble, not a slow bleed. The gain came off, kept coming, and dragged the coin all the way down to a 77.6% loss on the day. SNOWMOON needed about an hour to look like a winner and the rest of the day to prove it wasn't.

The bullish read, it turned out, was wrong. A coin named for the moon spent the afternoon demonstrating gravity.

The Full Roster of Snapbacks

SNOWMOON was the loudest, but it had plenty of company on the giveback list. The week's traps came in every size, from ugly to merely annoying.

MEET48 showed up and did its familiar thing, spiking 43.2% before closing down 32.4%. If you have read anything about this coin before, none of that will surprise you. Later in the week it managed a second, smaller version of the same trick, climbing 9.4% only to finish down 20.2%. Repeat offender, same method.

*Previously: MEET48 Returns to the Radar for an 11th Time*

Dessa was the one outlier on advance notice. It spiked 37.5% and fell 45.3%, and unlike most of its peers, many saw this one coming. A sharp move from a coin that had telegraphed it.

Below the headliners sat the mid-tier wreckage. Degen jumped 17.2% and landed at minus 26.7%. Elastos poked up 6.6% and finished down 23.4%, which is a wild ratio, a tiny spike that led to an outsized drop. Collector Crypt went up 20.5% and came back down 21.9%, a near-perfect round trip to nowhere. Simon's Cat spiked 20.4% and gave back 12.1%, which for this particular feline is a soft landing by its own standards. Hookr.fun, Derive, Sign, Manadia, all variations on the same theme, pops in the high teens to twenties that unwound into losses.

Even the big names weren't immune to the smaller version. XRP ticked up 3.9% and closed down 6.9%. Uniswap rose 4.8% and ended at minus 8.9%. Tezos, OKB, Worldcoin, Internet Computer, Ethereum Classic, all logged modest spikes that reversed. Bitcoin itself flashed 3.1% up and finished 2.2% down, a reminder that the gravity of the week reached all the way to the top shelf.

Not every trap pointed down. A handful ran the opposite way. Zcash dipped 10.7% and rebounded to close up 14.3%, a fakeout to the downside before a real recovery. Moolah, DoubleZero and Arbitrum all did the same in miniature, sliding first and bouncing after. The market was happy to spring the trap in whichever direction caught the most people leaning the wrong way.

The common thread across almost all of them: hardly anyone saw them coming. On most of this list, the warning label simply wasn't there before the move. A few, Dessa, NEAR Protocol, and a scattering of the big caps, carried some advance read. The rest arrived unannounced and left a mess.

How the Calls Landed

For a week this busy, the read on direction was close to a coin flip. Across the whole stretch, the week's calls landed on the right side about 45% of the time.

That number does a lot of quiet work. It tells you this wasn't a week where the obvious play paid. On SNOWMOON, the read leaned strongly bullish and got buried. On Ritual, which spiked 70.5% over the day before finishing down 13.3%, the read leaned bullish and missed again. On MEET48, UnifAI Network, bullish reads, wrong both times. The optimism kept showing up right as the exits were filling.

The one that actually paid: Impossible Cloud Network Token. It spiked 37.7% over the day and, unlike almost everyone else on this page, held onto a gain, closing up 16.4%. The bullish read on it was right. In a week of 38 collapses, a coin that kept most of its climb stands out like good weather in November. CryptoSwings keeps the full ledger of which coins kept their promises and which didn't, and this week the "didn't" column did most of the writing.

The Thing This Week Didn't Settle

Here is what lingers.

Thirty-eight pump and dumps, and most of them arrived without warning. The ones that gave notice, Dessa, a few of the large caps, were the exceptions, not the rule. Which means the week's real lesson isn't about any single coin. It's about how often a clean green hour turned into a red afternoon with nobody raising a hand first.

SNOWMOON will get the attention, because minus 77.6% earns it. But the quieter story is the drumbeat underneath, Degen, Elastos, Collector Crypt, MEET48 twice, coins that spiked, drew a look, and snapped shut before most people finished deciding.

A week like this doesn't hand you a rule you can carry into next week. It hands you a tape full of fast ups and faster downs, and a reminder that the move you can see is not always the move that matters. The next spike is already loading. Whether it climbs or folds, the chart will tell you after, not before.