Are crypto markets a stage for SCAMS?

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I don't mean to say that the market itself is a Scam. Rather, its own nature and behavior would facilitate the realization of Scams.

This is mainly because the market is manipulable. Yes, the crypto market is totally manipulable.
It only takes a certain capital to enter or leave to alter the price of a cryptocurrency.

I am not referring specifically to BTC or some other of the main cryptos, but to that large number of shitcoins that exist and the new ones that are born every day.

There is an almost indeterminate number of "alt-penny-coins" on the crypto market. Many of them do not get to see the light but for a few hours, even minutes, and then lose all their value and disappear.

The Chinese market is full of them. On a daily basis on Binance, for example, you can follow any recently launched crypto and see its value skyrocket in a matter of minutes and then plummet again.
In those few minutes when the coin makes 10X of its value, anyone can enter believing that it is a good investment or simply to make a scalping-trade. But at the least expected moment we see how an immense red candle is formed that leaves everyone out.

If that is not a SCAM, then I would like to know what it is.

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Modus Operandi

Create a new token and buy half the supply when the coin is worth nothing.
Pump it up: There are many options for this. Among them, the use of social networks to create opinion matrices, a comment, a tweet from a recognized figure can cause the necessary effect.
Massive sale.

With these three steps, many scammers have managed to make money from small investors, who then see how the project in which they believed and invested, becomes a ghost town and the graphics go underground.

There are other forms of Scam in the crypto market. I do not want to delve into this, what I do want to make clear is that the market allows it.

These types of activities cause great damage to the image of the crypto world and further slow down the mass adoption that many of us long for.

Are crypto markets a stage for SCAMS?

@juanmolina