Thanks alot to everyone for your insights.
I shall make an informed decision. Mayb buy a few coins and put a sell order at say 20% profit.
Topic: Why is INFX pumping? (Read 387 times)
It is just a game played by all the telegram signals group all the admins are calling this their hold coin long term hold and all other bs they simply want to profit from there members so the currenct pump is mostly likely from them when the price is to moon all admins will dump the coin it's just a trap.
Just do a search and it's obvious. One singular person has posted like 10 threads (in multiple languages) about INFX trying to create hype in the last 2 days. It wouldn't take much at all for it to jump because the volumes are abysmally low. Don't get sucked in.
Yeah , don't get sucked in. People who plan for a pump and dump usually try to create a hype in the market by telling people it had potential, it is going to increase or they just spread some sort of rumor in order to spread a hype in the market and then when people buy the specific coin and the price increases the pumper dumps all his coins in the market and take out the profits. There is no reason and time for a pump and dump to take place. I have a lost quite an amount money in pump and dump in my beginning days of trading and that's why I advice everybody to stay far away from pump and dump.
Just do a search and it's obvious. One singular person has posted like 10 threads (in multiple languages) about INFX trying to create hype in the last 2 days. It wouldn't take much at all for it to jump because the volumes are abysmally low. Don't get sucked in.
Edit - In response to above, this isn't a whale game. There is no volume. You don't need big players for wild swings. Or at least there wasn't. There appears to be some decent volume now thanks to all the plebs.
Edit - In response to above, this isn't a whale game. There is no volume. You don't need big players for wild swings. Or at least there wasn't. There appears to be some decent volume now thanks to all the plebs.
Saw some post stating INFX will x10 in next 20 days.
That gaves Whales an opportunity to play there game and FOMOs help them grow more.
That gaves Whales an opportunity to play there game and FOMOs help them grow more.
pretty much what hammo said.
all I do these days is try to look for the coins that whales want to pump up.
all I do these days is try to look for the coins that whales want to pump up.
There is no need to reason for pump and dump in crypto market. if whales want to pump he pump and if he want to dump he dump.
I have read the use cases for INFX, but i dont really see any news or any thing thats making it PUMP, does anyone have any information?
Thanks.
Thanks.
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