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Topic: Pumping Coin that was listed on LBANK today (Read 74 times)

copper member
Activity: 2016
Merit: 1777
฿itcoin for all, All for ฿itcoin.
August 22, 2022, 06:54:33 PM
#4
Looks like you are still a newbie when it comes to pump and dump scheme. What you mentioned in OP is a classic example of a pump and dump shitcoin



How can a coin go from $1 to $169 and then back to $1 in a matter of hours?
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Lbank is known as an exchange site with so many pump and dump for shitty coin. It was going down again from three digits. Im not even feeling doubt if that can go down even lower soon. The early pump will always be triggering a huge pump caused by there are no lots of sell orders in the market.
The volume was also quite small as well. I think that you will be seeing the price may worth even lower than 5 or even 3 in the future.

Yeah that's right and I don't trust that site because maybe there's anomaly happening there and any small exchange can do manipulation where they fake the volumes of some tokens listed so that they can get demands or curiosity from people who think they can earn if they stay trading at this platform. Also newbie need to be careful since if what OP said is true I think that's the peak already and for sure those people who buy at the top will get trap and became a bag holder.
legendary
Activity: 2996
Merit: 1023
Leading Crypto Sports Betting & Casino Platform
Lbank is known as an exchange site with so many pump and dump for shitty coin. It was going down again from three digits. Im not even feeling doubt if that can go down even lower soon. The early pump will always be triggering a huge pump caused by there are no lots of sell orders in the market.
The volume was also quite small as well. I think that you will be seeing the price may worth even lower than 5 or even 3 in the future.
newbie
Activity: 6
Merit: 0
CTFC IS UP 11000%
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