Topic: Litecoin Cash (LCC) Up 289% in 24 hours why? (Read 229 times)
To be honest if you are good at seeing the market, you know the reason. Try you see coins coming from airdrop (hardfork), how is it going? Did you know that pure litecoin cash is not hardfork from litecoin?
Litecoin Cash (LCC) $3.73 USD (289.09%)
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
It's classic PUMP and DUMP scheme, when some shit coin pump to get attention of the crowd, price increasing rapidly then whale dump they coin and price will drop to normal. Better don't participate in such scheme. Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Because it has "litecoin" in it's name, which is for me a legacy coin. So maybe, just maybe that's what makes people invest in this coin.
because people bought
Maybe the people are hyped because they are starting to compare it with Bitcoin Cash. I remember the fomo at Etheruem cash (scam). The people started to buy and the people started to compare it with bitcoin cash.
A group of like-minded people gather on the same exchange and arrange speculation of a token. This is not the first time this happens.
Litecoin Cash (LCC) $3.73 USD (289.09%)
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Just pump and dump. This will die very soon.
It's a useless fork, make for quick money. Don't waste resources there.
Litecoin Cash (LCC) $3.73 USD (289.09%)
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Because people are blind and stupid, thinking that really they will get from this profit they artificially raise the price. And those who manage to get out before the fall will remain happy, the rest do not envy. Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Litecoin Cash (LCC) $3.73 USD (289.09%)
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Volume is not much meaning the buying/selling order is thin, so a medium amount of money poured in can actually make it pump easily
Most people follow whats happening instead of doing their own research
Hence, this results even unknown crypto pumps easily
Litecoin Cash (LCC) $3.73 USD (289.09%)
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Low market cap, low volume, easy for market manipulation. Those 289% means nothing if the volume is small. I could pick a random shitcoin with very low volume and make it up 100%.
Litecoin Cash (LCC) $3.73 USD (289.09%)
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Low market cap, low volume, easy for market manipulation. Those 289% means nothing if the volume is small. I could pick a random shitcoin with very low volume and make it up 100%.
By far, the exchange leading LCC is Yobit. Yobit did allow Litecoin to be held on their exchange during the fork. And then anyone who held Litecoin with Yobit during the fork could claim 10x LCC to LTC with the Yobit
private keys of LTC.
After the fork, Yobit would exchange the LCC only for those who had LTC on Yobit during the fork.
Now the question is this: Is Yobit allowing LCC outside transfers at this time to a Yobit wallet for exchange??
And the next question is this: Who are the buyers of LCC on Yobit currently paying $3.50-$4.00 usd per LCC??
private keys of LTC.
After the fork, Yobit would exchange the LCC only for those who had LTC on Yobit during the fork.
Now the question is this: Is Yobit allowing LCC outside transfers at this time to a Yobit wallet for exchange??
And the next question is this: Who are the buyers of LCC on Yobit currently paying $3.50-$4.00 usd per LCC??
Why?
@nickowain. Simple. Because there are people behind litecoin cash who are manipulating the market by using a mix a price pumping, marketing and hype and by creating a scenario where they make some newbies thank that their project is a good buy and hold coin.
People will chase the money. They see the words Litecoin Cash and compare it with the relative financial success of Bitcoin Cash and want to get in on the action, especially in a stagnant market like this.
Really great promotion about any kind of new technologies that have been integrated in this krypto and many of traders and just people who want to get some new bought them - that's my opinion
But what is the real reason that's a good question
If somebody has any true knowledge, please, supplement my opinion or change it at all
But what is the real reason that's a good question
If somebody has any true knowledge, please, supplement my opinion or change it at all
Price of a coin doesn't say anything about its quality.. If it goes up so fast + no reason for it, it is probably all pure speculation with noobs blindly follow a pump, just to get dumped on at a later time.
Litecoin Cash (LCC) $3.73 USD (289.09%)
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
Up 289% in 24 hours why?
#litecoin #LitecoinCash #bitcoin #cryptotrading
Why?
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