you are absolutely right but one thing is missing from all this:
coins that are smaller, which usually translates into having a lower price like $1 and less, have a much bigger potential for getting pumped harder. for example you will never see a coin that is worth a lot like $1000 be pumped 500%. the best you can hope out of these big coins is a 50% pump to 100% if you are lucky before they are crushed.
but 500% to 7000% pumps in these small coins are pretty common because their market is small and pumping such coins is a lot easier. for example you can easily pump a shitcoin worth 1 satoshi to 11 satoshi and that is easily 1000% profit!
this certainly doesn't mean you have to invest in those or if you do you will become millionaire. this is just pointing out the potential of pump.
What you are saying is correct. When price is low beacuse of it is shitcoin (circulating supply is low too) makes it low in marketcap (easy to pump).
Im not saying that it is harder to pump cheap coins. Im saying that price is not indicator of that.
There are only 30 coin worth more than 50$. Most of them are in top 50 in marketcap. 1600 witch price lower than 50$. Thats why we dont see coin worth >50$ pump very often. Not many of them are out of top 50 marketcap. But price is not indicator.
https://coinmarketcap.com/currencies/project-x/pumped from 94 000$ to almost 3 000 000$ in 1 week. It is possible without problem. Shitcoins are usually worh less beacuse its price continuously go to 0$. Ripple, Stellar, Cardano, Tron are not shitcoins and they are as hard to pump as bitcoincash and they are worh much less than 1$. Project X is shitcoin worth 90 000$ and it is easy to pump 3 000% in 1 week. Marketcap is indicator of faster growth not price.
To pump project-x from 94 000$ to 3mil $, less than 500k $ was used (based on total volume on coinmarketcap thase days). Shitcoin worth 1 satoshi with similar marketcap will consume similar amount of money to be pumped.
Tell me that you gonna pump project-x tomorrow becuse its shitcoin with low marketcap and low volume- i'll believe you. Tell me you gonna pump ripple tomorrow becuse its cheap ... I'll just laugh.
but 500% to 7000% pumps in these small coins are pretty common because their market is small and pumping such coins is a lot easier.
As you say. Small market makes it easier to pump. Not small token price. Sometimes (even mostly) it comes together. But Ripple, Stellar, Cardano, Tron are in top 10 in marketcap with coin price lower than 1$ and its safer to invest in them than in project X or others shitcoins worth even more.
To be more precised.
Shitcoin worth 1 satosi on cryptopia. You need 116 bitcoins to only buy whats on sellbook to pump it to 10 satosi (1000% gains by 870 000$ buying only cryptopia sellbook. To pump it for days you will need higher volume to buy also from other exchanges sellbook). Project X was pumped by 3000% by 500 000$.
You see scale of it? 0.000075 $ coin needs more than 870 000$ to be pumped 1000%. 90 000$ coin need 500 000$ to be pumped 3000%. If price does matter than if 90 000$ coin needs 500 000$ to be pumped 1000% than 0,000075$ coin should need 0.00041 $ (with LINEAR RELATIONSHIP) - i bet all of you have that amount. Lets pump shit coins
- BUT PRICE DOES NOT MATTER