Re: [ANN] [RPX] Red Pulse Token – Next Generation Intelligence and Content Ecosystem
Why price made almost 3x profit for last days? I don't see any existing news in twitter. May be they are not announced something interesting? Also I don't see new exchanges listing. This is just usual pump or may be some people know some insider info? Tokens have any using right now or not?
It was a pump 100%.
If you watched the buy orders on Binance it was a wall of orders of exactly 2. I mean maybe it was a meme buy that pushed it from under 1 million volume (infact around $650k volume) on CoinMarketCap to 132 million in volume in under a day, but I highly highly doubt it.
The marketcap itself is around 20 million USD, so the entire marketcap was traded 6 times over?
Don't get me wrong. The project itself may be OK, because people are orchestrating pumps all the time. But in this one instance, it most certainly was a P&D.
Thank you. May be you are right. But such big volume on exchanges happens when some big news announced and people buying and than selling tokens. Just can't understand why people pumped coin with quite big marketcap if there are a lot of coins with less marketcap which more easely to pump
Because it's relatively small Market Cap yet still accessible on the biggest exchange in the world
But this was more than just a pump signal, Sure that set it off, but then 10 months of bear market pressure came undone finally, and the FOMO kicked in after a bullish divergence Fundamental vs Price was in play for some time.
Red Pulse has announced countless new features and developments in months gone by with very little impact on price, due to the bear market pressure. But people are starting to realize there are projects out there like Red Pulse working as hard as ever, and sitting at the ICO price or less, with some great potential as we move towards a new bull market.