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.
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If we look at the CMC chart, there is indeed an increase in the price from $ 0.013 to $ 0.11 (+ 1,710.68%). However, if we look at the volume point of view, the onLEXpa coin is currently priced at $ 0.013 around $ 62.452 and at the moment the price is $ 0.11 volume is $ 65,555. There was only a change in volume of $ 3,103.
We're back to the exchange.
If we look at the order history, the sell order is bigger than the buy order.
I'm not saying these are scams, but compare in detail.
Amazingly, the price increased by more than 10 times with just $ 3000, obviously no one bought and sold this altcoin. Only the trading bot and the team tried to pump it out to attract the attention of investors. If someone buys them at this price, I believe they will lose money soon