There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.
But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.
So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
Its a gamble actually i should say but we do know on whats the real power when the community hypes starts to kick in on which you wont really be able to believe on how a certain shit coin would really be raising up its price too much despite on having that actual utility or whatever it would be or some sort of joke coins or simply with those meme coins out there. MEXC is been known to be an exchange on where most shitcoins been listing out
and its true that it could really be able to fly up with those huge multipliers that we cant really be able to believe that it did really reach out such numbers. Although not all the time that coins do really pump up hard
because there are even that new listed coins do have that extreme dump after listed and this is something that you do really need to look out for if you dont really like on getting ending up on holding up those
shitcoins just because you have bought on the peak.
