Topic: Any clue why whales are pumping shit coins at DEX? - page 3. (Read 1087 times)

Yes, it should not come as a surprise to us. We should not be trapped by all these shady pumps. Sometimes these are done in order to attract the attention of traders and investors. But once they will buy, the prices will begin dumping again. Only the whales are gaining from it. And another thing, it is not hard to pump a shitcoin. A mere $100 is enough for many shitcoins to double their price and volume.

The whales are baiting the people to have FOMO and buy the coin instantly and make the coins pretend to be a really good coin so people will think they will make a really big profits in the future if they kept the coins. But at the end the whales sell all theirs and leave the people stuck with loss

And the way is worked because the OP know about it and tell us all here.  I think if there are developers who pump their shitcoin, maybe they have reason for it. Beside to get people's atention, maybe they tired with complain from their investor why the coin not pumped yet. And i think for something like a token or maybe "shitcoins" that pumped in market, shouldn't really surprise with it. Or else we can get FOMOed by that.

It may be so. Money laundering takes place on a lot of coins in the crypto market and everything is manipulated and many businesses that are born in the market seem to be just for money laundering.
Don't be so surprised when it is. The crypto market is born by sharks and it has to obey what sharks want. Without the capital of the sharks, bitcoin is now only $ 0.1 and forever $ 0.1. Do you think like me ?

These whales who are the developers themselves know that there is only one way for their shitcoins and shittokens to get attention and it is by pumping them. But this should not be taken as a sign that these shitcoins and shittokens are gaining momentum due to their product. This is a sign that the developers which are mistaken as whales are not doing their proper job. They are choosing to do the easy yet absurd way to raise the price.

it COULD be money laundering, but that wouldn't be my first guess haha They are just making profits
Whales manipulate and control supplies of small cap coins, they can take only a few BTC in some cases, move a coin 200+%, and get others to FOMO in
Then they dump the cheap coins the have been collecting for weeks of the small cap coin. Rinse and Repeat.   In crypto its not even illegal as theres no one regulating body monitoring ALL exchanges : /

although at 100x pumps I don't think DEX will reach a large volume,
or maybe someone is selling incorrectly at a certain price, I often find it on DEX, like on IDEX or on Forkdelta

of course to Bag money because whales are addicted to use Pump and Dump strategy to victimized small investors.
how can you regret to invest if you saw that the currency is getting high and high value?but the sad part is after a while it will dump hugely that you cannot decide to withdraw the investment because of being a loser?
but if the Law are strict then this is money laundering and they must be punished but the sad reality is they are free to do such thing.

There are many possible explanations to this. There is no single factor for such occurrences. If a certain coin is pumping hard in a particular DEX it is possible that there is really a demand for it. There might be information being passed around about an upcoming major announcement. That is a factor. It is also a factor that the devs themselves are trying to put more action to their tokens by creating a pump. It is also a possibility that some whales are creating pump and dump of the prices.

You were right. it's just the act of money laundering that whales don't want anyone to discover. As you often see shitcoins are always pumped over 1000% or even higher but the buy order is still at the bottom price. it's a sign that the whales are gathered there to manipulate the value of the coin and the main purpose is money laundering.

People who got screwed have only themselves to blame for. If you rely on someone else to tell you what to long and short you are not going to succeed in life. It's pure gambling that you do and nothing else.

Even those who sell signals are just guessing. Do you really think a trader with the right skill set will share his money making trades with others for a small amount? They don't need pocket change when they can make huge profits.

Also, one must love to lose money buying into something that has shot up vertically. That's never a sign of health in a market, especially when it comes to illiquid shitcoins that require little capital to pump hard.

Generally the way pump and dump works is as follows. And this is no different from the stock market when you are dealing with a small cap stock or a penny stock. Basically what these pump and dumpers usually do is place a few very low bids and try and accumulate as much stock as they can for cheap without getting alerts showing in the volume charts which might attract attention. Usually they just do limit orders and never market orders. They do this for weeks or months. So say they accumulate 1 million shares at $0.01 so they invested a total of $10,000.

When they are done accumulating they usually do quick market buys to cause spikes and people will see +25% in their market reports or +1000% in total volume. And when people or bots see this, they automatically start buying the instrument.

Then they usually have some fake report that this crypto/stock is getting bought out and will be worth 100x as much, so the retail market sees this and they start to buy the stock at like $0.50 or $1.00 per share.

So the pump and dumper invested like $10K+ plus maybe another $10K+ pumping the stock and all they need to do now is just sell only 20,000 shares to break-even and the rest will be pure profit. Usually they sell slowly and when the trend is flattening out they start to sell quicker and quicker and eventually the last portion of their 1,000,000 position they might market dump and price will return to the $0.01 area again.

Rinse and repeat. Hence don't fall for these or you will be worth holding the bag at a 99% loss and later the stock or crypto will get delisted.

I believe that you do not need to be a whale to pump shitcoins. Most of them has no trading pile and you can create a "pump" on your own, by  investing around 10-15 dollars, you will be able to pump the price for x3-x10.

Because that is what whales do?

Remember, it could most likely be just 1 whale actually, buying up a loooot of coins, selling and buying between themselves to create volume and hopefully trick people who are newbies into buying when the prices are up. They do this all the time and even just use scripts to do it. They lose a little money but everything is gained back just by having 1 guy fall for it!

The reason why they can easily pump it is because they own more supply of that tokens. If you will check a tokens in dex  you should also consider checking the volume and orders . They can easuly pump a coins if there are no selling orders.and only few tokens needed to buy to increase its price.

I also have some questions about big pumps at shitcoins. but what "insider trading" they gain from what? while they spend their money to buy worthless shitcoins?
Do you have any idea about this? Let me know, thank you very much.

Initially, one should not invest in such companies in order to avoid any manipulations in the cryptocurrency market and prevent fraudsters from earning money at their own expense.  One way or another, a bad coin was so originally, and did not become so after the actions of large whales.  It seems that big whales continue to support their idea of ​​pumping valuable cryptocurrency from ordinary users.

It's simple, whales always find a better way to make earned that is why its unbelievable to happened why shit coins made a huge pump even if the market value has in unstable condition. So, beware of this type of coin cause you might be a victims of losing out your capital investments.

The trading bots are used for pumping the tokens which have considerable volume and interest by other traders, crypto whales have the latest software like the news trading equipment in the spot forex market makers. AFAIK, the market makers in forex use the different trading software for cathing the unusual activity on specific pairs and they put the limit orders for riding the pump. A similar situation can be observed in crypto exchanges.

Those are pure pump and dumps in order to increase their Bitcoins number and nothing more so don't fall for one of those pumps. As you can see the all market is kinda in a small collapse and we might see further dumps and panic sells on all markets. Besides this I don't see any real clue why whales would perform such an action now when everything is red and there are no reason for dex coins to pump our of nowhere and also the volume there is really low so the necessary capital in order to make a pump is quite small.