Topic: DASH out of Top10 CoinMarketCap and Why i Think CMC is Funny! (Read 154 times)
Really missed on paccoin, i just found it 2 weeks ago , forgot to buy it , and 2700% profit lost !
The volume is just as important as the market cap. If a coin jumps to the top of coinmarketcap on extremely low volume it won't stay at the top for long. I noticed a few coins briefly reach the top and almost instantly crash back down to the bottom. Market cap alone is a dubious measure of success, but combined with volume it's more useful.
I did say this many times but this is a good day to mention it again - Coin Market Cap or just Market Cap in crypto means NOTHING!
It can be easily manipulated and it cannot be any way to count on things.
I can create right now a token with trillion coins, get it to my friends exchange and do 1 sale - 1 coin for 1 BTC.
I will get the coin to the tops right away.
Some guys did a similar thing for fun (withotu burning exchange) lately - Paccoin.
So DASH is out but it means nothing. TRX/ADA just has loads of coins and they pumped so other coins got kicked.
IMHO anon coins and DASH alike will raise this year so watch for grabbing EXCL, HUSH, XMR, XVG, XZC, ZCL, ZEC and alikes right now.
It can be easily manipulated and it cannot be any way to count on things.
I can create right now a token with trillion coins, get it to my friends exchange and do 1 sale - 1 coin for 1 BTC.
I will get the coin to the tops right away.
Some guys did a similar thing for fun (withotu burning exchange) lately - Paccoin.
So DASH is out but it means nothing. TRX/ADA just has loads of coins and they pumped so other coins got kicked.
IMHO anon coins and DASH alike will raise this year so watch for grabbing EXCL, HUSH, XMR, XVG, XZC, ZCL, ZEC and alikes right now.
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