Everyday I see lots altcoins on Binance increase 10-40%, then I look at BTC dominance and it stays relativly the same around 44.3%. Are smaller altcoins just draining Ethereum, XRP, ADA, NEO and other big coins of their marketcap?
altcoins is only pumped up when they hit big exchanges like binance,upbit, bittrex. Pumping will lasts for 2 days so better be on board before it went down again.
Yeah altcoins can be pump as low market cap coins will not need big amount of funds to make the price higher but somehow if you miss the train better not to buy and late ride as you will lose the chance when the price will drop after the pump.