Post
Topic
Board Altcoin Discussion
Re: I went allin on CPOOL
by
o48o
on 18/11/2024, 15:35:52 UTC
Daily volumen 7,8k it's getting worse and worse. Why so many people said it could become number 3 in RWA?
t's called shilling. People shill their own bags because they want rid of them with profit, so they will exaggerate fundamentals, which i already suspected were worse then with dusk.

And honestly don't look at the volume, it's not a good indicator for interest in the crypto world. So far CEXes have got away by manipulating the volume, which is technically illegal, but it's been going on for ages. It's meaningless indicator if you lack tools to find out the real volume.

Also answer to your other question before: It doesn't even matter if devs pay for the volume or not, it's still fake volume. Some of the crypto CEX:es do it for free because it's one of the easiest ways to launder money for themselves; It doesn't cost anything to CEXes, yet they get more "legit" income from the fees that didn't exist in the first place.