Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
converge80
on 21/06/2017, 19:50:57 UTC
WTF just happened with Veritaseum?Huh

Is this a pump and dump or some news came out we don't know about?

If you're referring to the 400+$ price that showed up for a few moments, I'd say it was just a bug.

What happens is this. Veritaseum is only traded at EtherDelta and Coinmarketcap uses the last trade for the calculation of the marketcap. This can be either someone making a mistake trading as you can see in this picture (and this happens a lot) or someone is trying and succeeding in making it appear that the marketcap is higher/lower by making ridiculous trades for tiny amounts.

In any case we will soon see Veritaseum back in the top 10 permanently this time Smiley


https://thumb.ibb.co/nQpJk5/20170621_192237.jpg https://thumb.ibb.co/iny0yQ/20170619_162218.jpg