Post
Topic
Board Speculation (Altcoins)
Re: Any clue why whales are pumping shit coins at DEX?
by
MI6
on 26/11/2019, 14:58:28 UTC
As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

These whales who are the developers themselves know that there is only one way for their shitcoins and shittokens to get attention and it is by pumping them. But this should not be taken as a sign that these shitcoins and shittokens are gaining momentum due to their product. This is a sign that the developers which are mistaken as whales are not doing their proper job. They are choosing to do the easy yet absurd way to raise the price.
And the way is worked because the OP know about it and tell us all here.  Grin I think if there are developers who pump their shitcoin, maybe they have reason for it. Beside to get people's atention, maybe they tired with complain from their investor why the coin not pumped yet. And i think for something like a token or maybe "shitcoins" that pumped in market, shouldn't really surprise with it. Or else we can get FOMOed by that.

Yes, it should not come as a surprise to us. We should not be trapped by all these shady pumps. Sometimes these are done in order to attract the attention of traders and investors. But once they will buy, the prices will begin dumping again. Only the whales are gaining from it. And another thing, it is not hard to pump a shitcoin. A mere $100 is enough for many shitcoins to double their price and volume.
Honestly, sometime it looks like real pump tho.  Grin Maybe that is why a lot of people still trapped, not resist if sometime we can see people trapped in a shitcoin that get pumped. It is natural because sometime if we see a chance, we wouldn't want to missed it and want to make profit with it.