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 has been very low.
https://coinmarketcap.com/currencies/greenex/
I see this as a bump and dump coin, many people can see the coin increasing and invested but not knowing the coin will start to decrease the following day. Can you imaging what $10000 can turn to if invested when the coin turned $400 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.
https://coinmarketcap.com/currencies/greenex/
I see this as a bump and dump coin, many people can see the coin increasing and invested but not knowing the coin will start to decrease the following day. Can you imaging what $10000 can turn to if invested when the coin turned $400 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.
Where did you find this shit? I am pretty sure most people weren't even aware of its existence till they read your topic. This shitcoin isn't anything special. There are many others that pumped and dumped and died. That's the risk when you buy shitcoins. Lots of people bought it between $1-10 and sold $200+. If you ask them, they'll tell you that greenex changed their life forever in a good way.