Thank you guys for your support!
The volume on Cryptopia is amazingly high, however it is fake. Woke up to 312 BTC this morning, and last night it was around 100 BTC when I went to sleep.
This shouldn't matter at all in the long run.
We have applied for Coinmarketcap last night, and we should probably get listed today or tomorrow, so watch out for that!
How and why would these be manipulated. Only thing I can think of is buying and selling it back and forth, but that would mean it would cost large amounts of transaction fee for the persons involved. I do not think it would be benefitial to do that, because I do not assume that this will increase the price so much that it would cover the loss in transaction fees. At least it is obvious that it is fake. total amount of coins are around 3 million and total trade on one day is over 8 million. That is almost three times the total supply..
There's a lot of people who bought a lot of XBL.
Now, it might be someone who's trying to pump it, or someone who's trying to make it look bad by jacking up the volume and then calling it a "p&d scheme".
It's now #1 coin on Cryptopia because of volume.
I don't really care about such matters though, I've only commented on this because I've seen other people comment on it here.