The coin needs to get onto a Larger Exchange ASAP or its going to have a real hard time recovering from the damage being done to its value.
People making 100 1utc sell orders cheaper and cheaper to drive the price down and its such a poor exchange on Crypto-Trade that no one buys through it.
investors and owners need to move some heaven and earth to get this coin on a larger exchange if you want any hopes of it moving in the right direction.
Right now its just being manipulated down by a few individuals.
People making 100 1utc sell orders cheaper and cheaper to drive the price down and its such a poor exchange on Crypto-Trade that no one buys through it.
investors and owners need to move some heaven and earth to get this coin on a larger exchange if you want any hopes of it moving in the right direction.
Right now its just being manipulated down by a few individuals.
I personally think this coin is done for, it's following the usual crash+burn crapcoin lifecycle to the T.
launch->gets to a few minor exchanges->price booms->crashes->dead
From 0.00099986 to 0.00065000 in under 7 hours!
I'm amused to see this happening again and again. And some people still think that the value will raise when it gets listed on Cryptsy.
But i'm sure that some clever people already dumped their bag directly after the release.