Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
ScamViruS
on 13/04/2021, 18:51:41 UTC
Why so huge surge in price, almost 70% up? I tried to find  the news that would in potential to trigger the current rise but failed to find any. There is a rumor that Obyte has to target kucoin, is that true? Anyway I don't think the price increase of Gbyte could make  liquidity providers happy right now. They are losing money in their pools. Gbyte, go back to $20.

Pumping a coin by making rumors, this is common in the crypto market. Most of the pumps and dumps in the crypto market are based on rumors. I also tried a lot to see if there were any new updates, but nothing was found. If rumors spread on the kucoin list, if this coin is pumped, it will not pump for a long time. Because with short term hype no coin can hold up trend for long. And if the rumors come true, it could be a positive thing.