Post
Topic
Board Trading Discussion
Re: Coins being manipulated by crypto whales
by
pawanjain
on 01/12/2024, 13:53:12 UTC
Recently, it's become a concern that crypto whales can manipulate the market. Does this apply to altcoins only, or can these crypto whales manipulate all coins, including those with a higher market cap?

I won't deny the fact that manipulation does occur in crypto market because we have all seen some pump and dump coins.
The thing is, it requires a higher liquidity to manipulate cryptocurrencies and so whales decide to target coins which have a lower marktecap.
It becomes easier to them to manipulate the price and this is reason why we haven't seen large cap coins being manipulated.