New coins huge amount of Volumes | Bitcointalksearch.org

LUCKMCFLY

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I have seen that many new currencies have a large volume of sales and purchases, but they are based on the Defi protocol, if we put in context a currency that is not so new but has a somewhat acceptable volume of negotiations, it is a safer way to investment.

At this time the BTC is in an uncertainty due to the enormous fud that Elon Musk has made, this helps many of the altcoins to fall in price, very few are new currencies that have resisted all this onslaught of the market, ZRX I have seen potential to the same as DOT, EOS, LINK, a few more, but ZRX deserves at least some exposure:

Quote

ZRX has been trading inside an ascending parallel channel since reaching a high of $2.18 on Feb. 5. The movement inside it has been extremely choppy, indicative of a corrective structure.

Source: https://beincrypto.com/qtum-btt-etc-hot-neo-omg-zrx-vet-losers-may-7-14/

ZRX has a considerable volume, if now we see it from the point of view that it has potential, I think so ...

velosepur

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Well, volume,team, remours on twitter, marketing , etc. So many factors which we trying to predict but people have some behavior which
anybody cant predict. Musk and others build their opinion. Grin

yua_na

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There are many possibilities about volume :
1. If the volume is on centralised exchanger, it can be made by that exchanger.
2. If the volume is on dex like pancake, it can be the developer it self create bot ( BSC only charge small fees on every trade ), they calculated it as an marketing budget.

Those are mybopinion only

blackened515

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Quote from: Engineer7 on May 12, 2021, 07:06:24 AM

I noticed that even new coins that are simply created like on BNB, without even a small thought behind it, gets millions of volumes per day trading.

Is their something behind this volume? I mean is it this something technical or really happening.

Those are huge amount of money.

If people have so much money, than I think I should consider also to put a new coin on the market Grin

This is the reason why there is more volume in these coins now is because new investors are now in the space, unlike before, projects finds it difficult to raise a good amount of dollars in their presale, there were scarce investors and at the same time they never list them on exchange so investors hope lost if the participate in the same.

Now, every projects teams makes sure they deliver the coin to be listed on the market, that's why the volume keeps increasing, I have understood that the cryptocurrencies coins are very easy to create and that you can make instant money from it if successfully done.

TastyChillySauce00

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Yeah that really ridiculous it looks like a gambling, people just throwing money hoping it gonna give ROI of thousands percent and if fail to do that due to rugpulls or anything the money just lost.
I know it's their money to be recklessly spending it like that but what I dislike is when the newbies get into the fomo train and turns out the coin they invested fail to meet their expectation they gonna blame cryptocurrency as a whole
while it's clear that these coins made just for pump and dump. Now many have done rugpulls and people don't seem to get tired of it.

MrcMrc

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Don’t just jump into token creation without a powerful team and technical infrastructure to support the coin market, which will cause volumes.

Those coins with huge trading volume on the binance smart chain have a strong technical team that works underground to provide huge trading volume and liquidity and.

Ararbermas

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Big investors is the reason why some assets in the market has a huge amount of volume.. But be aware when you're at some exchanges because for your information sometimes there are some fake volumes especially if it's not popular or just a new exchange because it's not trustworthy and accurate . So i suggest you to check CMC more often as well to assure it has a real volume..

ElmedoRator

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They are simply fomo following the animal movement and originating from dogecoin, there are many coins that have succeeded in doing that and there will also be many malicious coins created to appeal to everyone's greed people.

lienfaye

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A tokens running in bsc network are mostly garbage and has no real purpose on why its existing. Many people are grabbing the chance to be one of those early buyers to profit, because undeniably it is profitable if whales pump the token but the risk is way to high compared to investing in established coins.

Quote from: OcTradism on May 12, 2021, 09:15:19 PM

I hope people bought those meme tokens at whichever price, will make their decisions to cut loss and exit (if they still have profit). Staying too long with those meme tokens will bring pressure for them. It is easier to enjoy unbelievable rises but for unbelievable falls, your mentality won't be stable. I personally will never take such pressure because of my gamble.

Thats true, its too risky to invest in these meme tokens because its pure hype. Better to stay away, instead find a solid project that has a potential even it takes time before you can profit.

OcTradism

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Quote from: Engineer7 on May 12, 2021, 07:06:24 AM

I noticed that even new coins that are simply created like on BNB, without even a small thought behind it, gets millions of volumes per day trading.

Is their something behind this volume? I mean is it this something technical or really happening.

What are coins do you mention?

Huge volume belongs to meme tokens, not coins. They rose too crazy after the crazy hype of Dogecoin and SHIBA. Those meme tokens are bleeding and I won't think they will stop bleeding soon. No utility and only get price from hype, they will die soon.

I hope people bought those meme tokens at whichever price, will make their decisions to cut loss and exit (if they still have profit). Staying too long with those meme tokens will bring pressure for them. It is easier to enjoy unbelievable rises but for unbelievable falls, your mentality won't be stable. I personally will never take such pressure because of my gamble.

JeffBrad12

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Quote from: Engineer7 on May 12, 2021, 12:25:00 PM

Did the creater made easy thousands of dollar Huh

The creator did run away with hundred dollars of USD. he did rugpull to the community. NFtart was also running on binance and i this is potentially to be the next rug pulled coin. The creator wants the money and this is the only main aim why shitcoin already created.

Scripture

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Cryptocurrency operates worldwide so what can you expect? Not all coins/tokens have that kind of volume not unless it is being manipulated. If you’re planning to create a new token just because of volume, then I guess you are planning to scam people, if you’re serious with this one you must create a project with a great services to offer, not just a meme coin that later on will turn into a scam.

Engineer7

newbie

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Quote from: Papsie on May 12, 2021, 03:38:29 PM

Same question on my mind this past few days. Those meme coins are just immediately entered the crypto space and then they already have billions of market cap and coin circulating supply. Where did those supplied came from?

Probably a lot of people wanting to get the high leverage. Until now this idea worked pretty good.

I am following since a couple of days. And I found a scam coin jindoge.

I need also to get very quick rich Grin

How should I proceed Grin

(I want to buy a football club.)

Papsie

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Same question on my mind this past few days. Those meme coins are just immediately entered the crypto space and then they already have billions of market cap and coin circulating supply. Where did those supplied came from?

Blitzboy

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Either the community or whales are responsible for big volume. By the way, if you see a huge trading volume coin but it only has a small marketcap, try to buy it. During this hype, this coin might give you more than 100% after a few days

Engineer7

newbie

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There was a jindoge coin that I saw. It had a twitter account.

I just visited it and that account was deleted and it's value 95% decreased.

Did the creater made easy thousands of dollar Huh

Engineer7

newbie

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Quote from: Ceyflix-Rez on May 12, 2021, 10:17:00 AM

Are you talking about those new coins running on BSC network? Because BNB isn't like those projects, BNB will rule in the future but most of those new coins are garbages and in bear market their true motives will be revealed, all I can say is even shitcoins have good opportunity to make anyone rich right now so don't hesitate to take your own chance from this opportunities

Yes mostly are BSC network created, I am new I don't actually how it works, I think they could get fees or something for enabling this feature.

I am too late into this bitcoin thing, therefore I want to step in, however looks crazy. They create coins with the number of quadrillion Grin

Bitcoin has just about 18 million at the moment. But I was wrong about BitCoin in 2010, so I could be wrong again Cheesy

Cherylstar86

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Quote from: Ceyflix-Rez on May 12, 2021, 10:17:00 AM

Are you talking about those new coins running on BSC network? Because BNB isn't like those projects, BNB will rule in the future but most of those new coins are garbages and in bear market their true motives will be revealed, all I can say is even shitcoins have good opportunity to make anyone rich right now so don't hesitate to take your own chance from this opportunities

I am hopeful that this developments of bnb network will soon become popular to everybody. That's why these heard projects really amazed a lot of people nowadays, and with the huge amount of volumes no wonder this becomes in demand and will reverse the idea of higher gas fee amount compared to what erc20 did for the past years. Most probably this could be an ultimate solution for all of us.

Ceyflix-Rez

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Are you talking about those new coins running on BSC network? Because BNB isn't like those projects, BNB will rule in the future but most of those new coins are garbages and in bear market their true motives will be revealed, all I can say is even shitcoins have good opportunity to make anyone rich right now so don't hesitate to take your own chance from this opportunities

X-ray

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Quote from: Engineer7 on May 12, 2021, 07:06:24 AM

Is their something behind this volume? I mean is it this something technical or really happening.

Yes it is, and whales behind this volume. The whales were doing pump and dump scheme to attract the newcomers to bet all of their money into the garbage coins and they will be dumping their tokens.

Quote from: Engineer7 on May 12, 2021, 07:06:24 AM

Those are huge amount of money.

If people have so much money, than I think I should consider also to put a new coin on the market Grin

The whales have a lot of money and they can easily pump the shitcoin instantly. Even the doge coin can be pumped easily. That makes sense if that's an easy task for them all.

Topic: New coins huge amount of Volumes (Read 212 times)