There is always that one coin that is thrust directly into the middle of the spotlight, where it becomes highly visible to 100% of the participants in this market.
As a direct result of this, buying begins to become concentrated in this one particular coin, which only attracts even more attention and forces the price to surge even higher as more people scramble in to grab their own share of some freshly prepared profit pie.
It doesnt end there either...
... all of this price action combines to create a monster of a price surge, as people begin to abandon their positions in other coins in order to get involved in the fun. Which often causes price advancements to continue for several days at a time.
This is the law of supply and demand, and it happens time and time again.
As a direct result of this, buying begins to become concentrated in this one particular coin, which only attracts even more attention and forces the price to surge even higher as more people scramble in to grab their own share of some freshly prepared profit pie.
It doesnt end there either...
... all of this price action combines to create a monster of a price surge, as people begin to abandon their positions in other coins in order to get involved in the fun. Which often causes price advancements to continue for several days at a time.
This is the law of supply and demand, and it happens time and time again.
Yah i noticed this but its even more noticible now during this bull market because it is happening more regularly
its happened last week, two weeks ago and earlier in march and the volume seems to be growing each time
what do you think about this?
It called physics
If you can only get in on the sell side then the price has to climb regardless, and if everyone is going apeshit over a coin that's only gonna accelerate the process