Almost every market has fake volume and they use bot.somehow they have to use them because marketcap is very low and they need a trader.which of us invest at very low volume market?
Do we need to fool others just for the sake to earn money and gain reputation? How bad is that? I don't think it will help and I don't know how it gains reputation, instead it is in the opposite.
Some of us are too greedy, they make ways just to find the solution of their problems without knowing what would happen next. It is not we need to fake the market volume cause it only promote negativity and investors won't give trust at all.
Those project with fake volumes just aim to get easy and quick profits.
They don't care about their reputation afterwards, so they are focusing more on making a "buzz" around their project and coin in order to make it gain value. When investors realize that this volume is fake it would be already the time when they would have acquired their profits.
They are not concerned to what extent it will affects their project, they are after the money and nothing else, even dealing with fakes volumes to attract traders to join the ride and make it looks realistic, victims will only notice things after placing their entry.
There's a need of carefully analyzing things inside any market as bot are all over the place making fake information to attract investors interest.