Price starting to dump for this coin. I guess distribution phase ended.
However, in the twitter there seem to be rumour about biggest sybil activity ever that claimed $170m. That's definitely crazy amount.
The crazy thing is, people still buy this coin despite that. Those sybil can dump and people doesn't seem worried about it for some reason.
I would've dumped the first second I heard that rumour.
Meh, people continue to buy coins which pump for not actual reason because of ignorance and greed, it is one of the purest states of FOMO and greed, I have personally reached a state in which whenever I see a coin pumping hard in the last week I restrain myself from buying a position, because I know it may be already too late for me to get profits.
It is baffling how there are so many people out there who lacks this basic level of understanding and end up holding the bags indefinitely.
Also, I would question the morality of those exchanges which allow such shady coins to be listed on their websites.
True, you have to be there before it start pumping, I was one of the few that saw MYX finance, I could have bought some of the tokens but financial problems got the best of me so I left it alone, its a shame, either the pump is manipulation or not it doesn't make any difference because we are here to make the money bag, either through a manipulated coin or not.