Post
Topic
Board Speculation (Altcoins)
Re: What is this shit +800% today???
by
peter0425
on 06/02/2018, 16:25:11 UTC

LOL. As what has others have said this is a pump-and-dump groups working in action. I hope that you are not going to join mate, because as soon as others see the pump and jump on the bandwagon, you are going to lose because you are going to bought it at the top price and once they decided the shit to dump everything, you will be trap and left out in the closet.

This is really a Pump and Dump Scheme like most of the circulating altcoins on the crypto market today. It does have low volume tho check it out. there might be a hype in their place or group. take caution with this one.

This is definitely P&D for me. Not hype, but pure P&D to push the price and attract noobs and fall for the trap. Yes, be cautious, not everyone really profited from such schemes because you can't get out in time and would sell with losses.