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Topic
Board Beginners & Help
Merits 1 from 1 user
Topic OP
Another pump and dump manipulation
by
Oshosondy
on 09/12/2021, 07:30:46 UTC
⭐ Merited by Wiwo (1)
See another manipulation of a new project, the coin is called greenex (gnx). From September 18 2021 the coin was selling at $0.93245. The coin increased to $422.42 on October 5 and decrease the following day back to $0.0009702 from $422.42. the coin ever since that time gas been very low.



I see this as a bump and dump coin, many people can see the coin increasing and invest but not knowing the coin will start to decrease the following day. Can you imaging what $10000 can turned to if invested at $400 on this coin and it dumped that way, it will remain less than $0.0245

This is one of the risk in investing on new coins and tokens, they are gambling.