Post
Topic
Board Altcoin Discussion
Re: Altcoins with 1000% Plus Profits
by
optimisticcm
on 28/08/2020, 15:14:11 UTC
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:

Looks like pump and dump coins to be honest, there are many coins like these with low or no liquidity and volume which are most probably lead by pump and dump telegram channels who announce one such coin  for pumps randomly and followers buy it in expectation of big gains but tge quicker they pump the quicker they dump back as well.