Quote from: Botnake on Today at 11:16:24 PM

Quote from: Sled on Today at 12:17:36 PM

Quote from: Botnake on Today at 06:41:25 AM

Quote from: stadus on June 21, 2020, 08:09:28 AM

Quote from: hamaravijay on June 19, 2020, 04:08:51 PM

I have seen THe compound coin have rising huge https://www.coinmarketcap.com/currencies/compound/
Why this coin has huge rise even though it doesn't have maximum coins.

No, you are wrong, It has a maximum supply, you can check on https://www.coinmarketcap.com/currencies/compound/markets

snip...

The coin is still rising up to now, current price is $310, it has a nice volume especially in MXC exchange, but not sure if this exchange is reputable or not. Per CMC, the exchange is listed with 100% confidence.. anyone here who are using this exchange? What can you say about the exchange based on your experience?

It was in CMC and that it pertains to something that this coin has market potential and investors are taking it already. The surge makes us surprise coz we are not expecting a new coin to show an impressive uprising trend and we thought that this is just hype.

It does not automatically mean that way, if you carefully looked at all the coins listed in CMC, majority of them have already failed, they are just waiting for an exchange to delist them and they are gone as they would lose their volume which is the only reason why they are still listed in CMC.

That's true, if a coin is listed in CMC doesn't mean they have market potential. Just look all those coins that are now labeled as Untracked Listing in CMC. Be careful in this rising trend as it maybe a trap to those that don't know about the project. If you really want to know the reason behind its increasing trend, take a look at its use case. Maybe they are just selling news here but no actual development is happening. As an investor, it is your job to study a specific coin before you jump on it.