Quote from: Elderman87 on Today at 12:29:41 AM

Without much proof it is hard to tell if a coin is being manipulated much in an exchange. However, like someone suggested, it is wise to take your time and observe the charts and trading volume of the coin for a couple of days before jumping on the train to buy

Basically this has is a case of a pure pump and likely to be fake volumes. Regardless of the ups and downs, what you see is exactly what happen to new tokens launched on exchanges at the very first times. There was a similar case that happened on Binance few days ago, SOL was listed and within few minutes of their launched the token took a sharp curve and within a few hours again the price was dumped hardly. Though, this is where am always interested on newly launched tokens, because, I usually take my profit in the first days of the launched.