1000% increased in a week? It means it has been manipulated, you can check it on the exchange it's just wash trading. This is simply a pump and dumps altcoin which will never last in the market circulation because eventually, developers will run after they sold all their holdings. Beware of this kind of altcoin, don't invest in it.
This often happens and in my opinion, this is like the manipulation of prices at the exchanger and the next day it will go down by more than 70%, other than that coins with movements like this do not have large and stable liquidity. It's better not to invest in this type of coin because it only harms us.
Investment suggestion: there had been some interesting leaks by 4CHAN on one of the altcoins I have been following for some time and it shot up 30% but thats not the case there are some rumors they are going to announce something big in a few weeks time, would keep an eye out for this one
Here is the source link for the leak some very interesting goodies there
)
http://boards.4channel.org/biz/thread/15515880
This often happens and in my opinion, this is like the manipulation of prices at the exchanger and the next day it will go down by more than 70%, other than that coins with movements like this do not have large and stable liquidity. It's better not to invest in this type of coin because it only harms us.
Investment suggestion: there had been some interesting leaks by 4CHAN on one of the altcoins I have been following for some time and it shot up 30% but thats not the case there are some rumors they are going to announce something big in a few weeks time, would keep an eye out for this one
Here is the source link for the leak some very interesting goodies there
)http://boards.4channel.org/biz/thread/15515880