Re: [ANN][UNIT] Universal Currency | LIFETIME| POW/POS SHA256 | 1% Interest
Wow! what kind of a scam coin this is?
Just got online on cryptopia and saw this 173627.81 % rise. WTF!!!..
Pure pump and dump coin.
If you can make money on this pump do it and get out.
Just got online on cryptopia and saw this 173627.81 % rise. WTF!!!..
Pure pump and dump coin.
If you can make money on this pump do it and get out.
Not a scam. This is what I can tell. Cryptopia just added UNIT, having only a small amount of actual UNIT on the exchange when they had a technical issue with syncing wallets. With so little actual UNIT on the exchange, API bots started to trade back and forth, causing the price to rise. People tried to transfer UNIT to take advantage of the price, but Cryptopia had issues with wallets, so the bots kept trading back and forth, creating a self fulfilling prophecy.
It looks like what we are seeing is the effect of bot trading. Very hilarious if you ask me.
what the hell is bot trading, is that something exchanges do?
This one had a crazy ride. Don't own any of this coin but, damn that was something to see.