I really love to see the progress...
BTW, Congrats to Valuto and The Team... Now Valuto is rank 9 in terms of 24h trading volumes in coinexchange... I just cant believe that. Even, the price is nearly doubled at this moment, 149 sats...
Ready To THE MOON .....
BTW, Congrats to Valuto and The Team... Now Valuto is rank 9 in terms of 24h trading volumes in coinexchange... I just cant believe that. Even, the price is nearly doubled at this moment, 149 sats...
Ready To THE MOON .....
The volume is fake pump, You can see in the order book that someone sold and bought over 100k coins at once for many time to push the volume up.
It's either the dev or a whale holding a lot of coins.
I'd be cautious at this point, it could dump soon. Mostly everytime a coin gets volume pumped, the only reason is to add more buying orders that one can dump to.
With a 133 mil supply, This coin could be well worth 10sat one day.
Thanks for the explanation... TBH I am a newbie in crypto world. So I will wait and see... If someday the price is never higher than 10 sats, actually thats no problem for me. I got my valutos from mining when the diff was very low, using old GPU. So nothing to loose. But now I still hold them.
Everybody is new to crypto in the beginning. Keep these things in mind and also double check if it's really happening how most people say it will.
For now I was right, coin was at 166 this morning and now it's sitting on 120. So it already lost around 30%+ after the volume got pumped.
The funny thing is, this whole volume pumping works as you can see from your post (and you're not the only one). People tend to think "oh my god, the volume is high, this will blow up". On Coinexchange, I can tell you it's totally different. Whales push volume so you and others put up high buying orders that he can dump to.
You should always question some strange things. I mean this coin had a volume of maybe 1 btc (or maybe less) and then all of a sudden it has 15btc volume but the price stays the same? I mean if there is a volume spike of 15btc, clearly the Price must have changed.
That's when you gotta know, this is fishy and not to be trusted.
Good luck in the future.