Just woke up to noticed the 1000xcoin in my portfolio making a 3564% increase in price which to me a sign of a pump period, what are the indices that triggered such pump?
It is probably another shitcoin had been pumped by whales who own more than 30% of token circulation. For illiquid markets it is easy peasy to pump dump the token and no one will say anything to the pump whales..
That coin was only having temporary pumps, because of rebranding last few weeks but it doesn't initiate a good results for now. Altbase rebrand name hasn't yet entered to top most rank, and in fact it's struggling to attract everybody's interest. Hopefully their community and devs will find more ways to let this token enter different popular exchanges in order to take off.