As shocking as it seems, but this is what the entire pump and dump is all about. Do you see how low the volume is, this will then lead to a dump of the coins in which the investors will be left broke.
Topic: Aurumcoin increase 6000 percent today on coinmarketcap - page 3. (Read 748 times)
This coin has a very low volume and seeing the price to increase so much in such a short amount of time is a bit unsettling. If ti is a part of the pump and dump, then it will be better for the investors to stay as far away from it as possible.
i think it's a shitcoin, and it's just got pumped like hell because of the low volume. Check their website, it's full of shit...
Hey…Guys
I’m shocked today when I see the Aurum coin today in coinmarketcap. See below
Is it magical or something else?
I do not trust coinmarketcap completely because the calculation of their data is very unreliable, Aurumcoin will not be able to be appreciated that much. I’m shocked today when I see the Aurum coin today in coinmarketcap. See below
Is it magical or something else?
Well this is what a pump and dump looks like and this is what it feels like when the dump happens. This is the very reason that the people are always asked to not to get engaged in it.
I also think it's manipulation and nothing more ! During the day, the coin has increased to $ 1600 and at the moment 27 $ and I think that she'll never rise again ! They even have a website that raises suspicions.
Many investors believe that it is easy to manipulate coins with low volume. Aurumcoin has a volume of only 300,000 coins . It is easy to manipulate coins with low volume and cause pump and dump in the market.
This is really magical, i also think so. 600%, Unblievable!I think a big company is trying to change it's face or like that something.
WOW. maybe my glasses are damaged or is my computer being damaged? I see Aurum being ranked 23rd in the marketcap. it seems like I will sleep for a few days and please wake me up when this news is true. thank you !!!!!!!!!!
A normal phenomenon, this sometimes happens with cryptocurrency. It could increase by 1,000 and 2,000, and even, as in this case, by more than 5,000 percent. That's what makes her attractive! Apparently, people have begun to sell, and the AU is again as usual.
Most likely this is another manipulation, so do not react so quickly and buy this coin!
This rise in price is not organic. It is definitely some manipulation of sorts. Take it or leave it. Go check the volume and 24hrs history and you will see my point of view.
The Dev is definitely playing with people's emotions. Only a noob will go all in on this
The Dev is definitely playing with people's emotions. Only a noob will go all in on this
I think this is especially jacking up the price, now newbies will see this increase coins and begin to be purchased and then the price really will go down dramatically and people lose their money. Seen similar scenarios on the market, this is a favorite topic for traders artificially inflated prices and then a sharp crash.
This kind of price rises are not sustainable, and after the pump is finished the price ussualy goes back to it's initial price. From my experience it's better to stay away from this kind of coins.
this is how people make profit in the altcoin world. not by bag holding some big pumped altcoin that has a big name to it.
they move around and go from coin to coin, pump them for a day or so and then take their profit out and leave for the next coin to pump. as you can see AU was one of the thousands of coins out there, it got a pump that lasted one day and now the money has already moved on to at least 5 other coins that they pumped nearly the same way but at smaller 500% profits instead of 6000%!
they move around and go from coin to coin, pump them for a day or so and then take their profit out and leave for the next coin to pump. as you can see AU was one of the thousands of coins out there, it got a pump that lasted one day and now the money has already moved on to at least 5 other coins that they pumped nearly the same way but at smaller 500% profits instead of 6000%!
Why do i feel worried about that amount of jump on the price of coins.
Perhaps it's kind of trick to increase the value of this coins, and who knows that someone will dump it, just like everyone said.
Its a usual trick of the developers that are holding that coin. That type of movement is unbelievable and you are asking who knows someone will dump it? those holders and especially the developers of it that fooled a lot of newbie traders that wanted to go along with that increase.Perhaps it's kind of trick to increase the value of this coins, and who knows that someone will dump it, just like everyone said.
As expected, after that pump it will go down and its been down by -30% so quick.
Wow. This is really amazing and unimaginable. From around $30 level suddenly it has $1000 level. This is crazy. But when I check the price now, again it has dropped to the $30+ level again. What has happened there actually?
Let's just be careful on our next step seeing this pump. This could just be another pump and dump. We might want to just dive in and ride the tide but it could actually be a trap for publicity. Obviously, this coin could make some noise in the crypto world and once many would fall into the trap it could just fall right back to its value before the pump.
Why do i feel worried about that amount of jump on the price of coins.
Perhaps it's kind of trick to increase the value of this coins, and who knows that someone will dump it, just like everyone said.
Perhaps it's kind of trick to increase the value of this coins, and who knows that someone will dump it, just like everyone said.
usually such pampas occur on small stock exchanges. In this case, usually purses of coins, which are going to pump, are blocked. that is, only those who knew about this pampa will succeed in earning money.
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