Why some small coins rise in price for 10%-20% in a day WITHOUT any news?

RealMalatesta

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Quote from: techearn17 on August 22, 2021, 02:54:21 AM

Some of this is due to the fluctuations of the bitcoin, this coin is being traded-in Satoshi, and when the bitcoin fluctuates it also sees a 10 to 20% increase in the USD and if it can If you look at Satoshi, you will see that there is no difference between them, so you should look at the coins that are also performing in Satoshi.

That is indeed a reason and this domino effect is also the reason why there is a bull and bear run simultaneously for every crypto. I mean if BTC is rising then all the coins will rise and vice versa because the whole crypto goes together, leaving apart from shitcoins.

But then one would wonder why even BTC is moving all the time even when there is literally nothing new happening in the market. Maybe it is the whales who want to keep the market moving and sometimes one whale counters another and market fluctuates. Then there are obvious reasons for bumps and dump like Elon says Tesla accepts BTC - rise! ... Elon says Tesla won't accept BTC - crash! I don't understand what difference it makes to buy tesla with bitcoins seriously though. You can cash bitcoins and then buy it simply.

layoutph

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DODO is an exchange site. It will surely rise up as people tend to buy DODO to get discounts from trading. Another thing exchange site's own coin is a good investment. Just take a look at BNB, before I just ignore it , I wish I bought huge BNB while the price was still $11usd.

Quote from: whatever61 on August 16, 2021, 08:49:55 AM

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

I will provide couple of examples:

1. DODOBTC - Today - 16 July
2. DODOBTC - 11 July
3. DODOBTC - 6 July
4. EPSBTC - 15 July

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

techearn17

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Some of this is due to the fluctuations of the bitcoin, this coin is being traded-in Satoshi, and when the bitcoin fluctuates it also sees a 10 to 20% increase in the USD and if it can If you look at Satoshi, you will see that there is no difference between them, so you should look at the coins that are also performing in Satoshi.

pawanjain

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Cryptocurrency has an open community and this makes anything possible in crypto.
I have never heard of the coins you mentioned. These coins do not have such a huge marketcap which makes them easier to be manipulated.
It can surely be a pump and dump or a co-ordinated manipulation gradually executed over a period of time.
I would rather advice you not to focus on such coins and instead focus on the top 20 coins by marketcap.

0verseer

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If it was a small coin with a low market cap then there is nothing surprising to see it jump 10% in one day even with no news or development. Maybe it caught someone's attention and price increase because that person accumulating, buying the coin en mass.

Taskford

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Quote from: tvplus006 on August 20, 2021, 05:36:28 AM

Quote from: 5thFear on August 19, 2021, 01:46:15 PM

I don't think there is any technical side attached to it. It happens because the community or the coin holders which are not that much as the coin is small manipulate the price of it. And price manipulation is very much possible if you have a few whales.

Coins with small liquidity are the easiest to pump and dump. In such cases, when buying coins on the market for several hundred dollars, a pump of tens of percent can occur. And if this is repeated several times over a short period of time, then the price of such a coin may end up on the moon.

This is why those pump and dump groups love to find small cap coins due to this reasons since they can possibly earn big profits from trying to make the price moves up for certain time given on their signals, But I don't recommend anyone to join on any of the groups offered by other user nor try to invest on any low cap coins since as they are prone of manipulation then provably it can be rug on quick instance so for those un experience to go trade on better option and avoid the said risky low cap coins in the market.

TheListener

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Because most of the pepole use small coin for sclaping small coin are best for getting great benefit so main reason for pumping small coin daily these coin have a lot of investment then these coin pump daily without any news .

aquafinewater

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Because most of the small coin are shit coin reason of daily pumping these small coin because most of the people have low fund in the trading account so that's why they choose small coin Because small coin give best profit reason for daily price pump in these coin investment too much that's why small coin pump mostly .

tvplus006

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Quote from: 5thFear on August 19, 2021, 01:46:15 PM

I don't think there is any technical side attached to it. It happens because the community or the coin holders which are not that much as the coin is small manipulate the price of it. And price manipulation is very much possible if you have a few whales.

Coins with small liquidity are the easiest to pump and dump. In such cases, when buying coins on the market for several hundred dollars, a pump of tens of percent can occur. And if this is repeated several times over a short period of time, then the price of such a coin may end up on the moon.

NeverSop

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Not every news affects the value of a coin, it may come sooner or later for everyone's investment perception. Except, fomo from celebrities like Elon with Doge. Lol, the coins that naturally increase in price come from the development of the product's foundation, the announcement of a partner, etc. That is the development of users coming to them in the most sustainable way. I am very afraid to invest in coins with unusual imo/fomo.

lixer

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Quote from: whatever61 on August 16, 2021, 08:49:55 AM

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

There are small news that might affect the price. For example, has anyone noticed that google has lifted the ban previously put on crypto advertisements? That's a small news that goes unnoticed most of the times but these things help the price of Bitcoin.

Similarly, 100s of small things happen every day and you don't know what triggers a whale to invest or divest who are the main reason for the market movement. Then there are days when the market moves just because one particular type of trades happened more than the other. Like if more people sell BTC on a single day than people who buy BTC, the price will slightly com down.

AakZaki

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is your analysis based on guesswork?
Guesses are not called analysis. correct analysis must be proven by reading the chart, looking at volume, RSI and its support and resistance. if only based on guesses that you guess yourself, it will not help at all.

huu78

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If this happens without any updates or good news about the project they might be the biggest supply holder controlling it, or maybe Dev is also doing the buyback and waiting for the small fish to buy in. Every market must have a big whale ready to swallow small fish. Coin like this deserves to be called sh**tcoin.

5thFear

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I don't think there is any technical side attached to it. It happens because the community or the coin holders which are not that much as the coin is small manipulate the price of it. And price manipulation is very much possible if you have a few whales.

carlfebz2

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Quote from: RealMalatesta on August 19, 2021, 11:11:04 AM

Quote from: Fivestar4everMVP on August 18, 2021, 03:12:54 PM

Low liquidity is one of the causes, when a coin or token does not have enough liquidity to execute small or large trades at a go, as little as $10 usd buy or sell on that coin or token impacts greatly on the price like +10% or -10% depending on whether the person who traded either bought or sold, there are several of this type of coins in the market today and this usually happens with coins listed on very small or small exchange which their user base are not much and as a result, liquidity is very low on those exchanges.

That might be a valid reason for unknown coins but I wonder why and how Bitcoin, which has an enormous market cap, moves so much without any particular reason. There is literally price going up and down all day and surely there isn't something happening all the time.

No matter how much we hide from it or run away from it, there are manipulators still in the market with a capital big enough to disrupt and shake the market at will.

No logical explanation can be given for the dump that happened last year, in March-April. Pandemic only helped Bitcoin for those who put the blame on the pandemic.

Of course there are lots of people who had been actively trading specially its a main coin or father of all crypto.It is just normal that you would see that kind of liquidity despite on having no news that you could see into the market.

When it comes to small coins then having low liquidity then those 10-20% would really be just small for someone to move those percentages specially if its really cheap then buying would really give out some impact.

You could really eventually tell on seeing into its volume alone and as a trader or investor then you should know at least on how to check out these things.
Dont know if someone do really still risking their money into low caps.

zanezane

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Probably not a lot of people are watching them or that the increase is just too small that it's going to be difficult to make an article that can hype it up. Plus, there's so many coins out there and most articles don't really cover them all.

RealMalatesta

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Quote from: Fivestar4everMVP on August 18, 2021, 03:12:54 PM

Low liquidity is one of the causes, when a coin or token does not have enough liquidity to execute small or large trades at a go, as little as $10 usd buy or sell on that coin or token impacts greatly on the price like +10% or -10% depending on whether the person who traded either bought or sold, there are several of this type of coins in the market today and this usually happens with coins listed on very small or small exchange which their user base are not much and as a result, liquidity is very low on those exchanges.

That might be a valid reason for unknown coins but I wonder why and how Bitcoin, which has an enormous market cap, moves so much without any particular reason. There is literally price going up and down all day and surely there isn't something happening all the time.

No matter how much we hide from it or run away from it, there are manipulators still in the market with a capital big enough to disrupt and shake the market at will.

No logical explanation can be given for the dump that happened last year, in March-April. Pandemic only helped Bitcoin for those who put the blame on the pandemic.

Fivestar4everMVP

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Low liquidity is one of the causes, when a coin or token does not have enough liquidity to execute small or large trades at a go, as little as $10 usd buy or sell on that coin or token impacts greatly on the price like +10% or -10% depending on whether the person who traded either bought or sold, there are several of this type of coins in the market today and this usually happens with coins listed on very small or small exchange which their user base are not much and as a result, liquidity is very low on those exchanges.

Shenzou

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Quote from: whatever61 on August 16, 2021, 08:49:55 AM

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

I will provide couple of examples:

1. DODOBTC - Today - 16 July
2. DODOBTC - 11 July
3. DODOBTC - 6 July
4. EPSBTC - 15 July

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

The price changes that are related to small coins are a frequent thing that happens, it could be explained by some market manipulation even if it is not instant they could be trying to make people think that the prices are rising or selling according to what they want, and since they are not popular coins there is no news to cover it.

killerman2

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Most of the coins like small coins doesn't depend upon the news and can gain a very high potential in small time, this is only to the investors, if someone with a high trading rate invest in that coins and more people too, then the coin rise itself and gain its position without any news we expected.

whatever61

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Quote from: whatever61 on August 16, 2021, 02:20:05 PM

Actually, I think I found one of the most common reasons.. It's small pumps and dumps, created by crypto channels.

I analyzed the candles on a minute basis before the signal (green), at the moment of signal (blue) and after (red).

Check out the screenshot:

https://snipboard.io/manWZG.jpg

You can see that it has very low amount of trades. Then:

The organizers buy some of the coin

Send the signal at 18:02

Dump the coin

This happens lots of times per day. Even though I am not sure this is the only reason, but it seems like a common one, since there are tons of signals channels.

Hey guys, thanks for all the replies, but you kinda repeating the same

Please check it here, I tried to analyze it deeper and provide an explanation with a screenshot.
Seems to be the reason for the small cap coins.

Ryker1

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Quote from: ?? on ??

^[snip]
Small coins are also prone to whale manipulation, don’t trust the price pump that much you still have to confirm it by analyzing the price movement and by this, you can know if you are going to buy or not.

Well, this is my first thinking upon reading this thread --it could be easy for them to manipulate the price of a low market volume altcoin.
They are manipulating low market cap altcoin for their own benefits, so it could be pump sometimes even though there is no news or even does not have related movement to bitcoin price. Another possible reason is perhaps there is a big whale trying to gain profit and let the coin pump so that it will getting interested from the traders.

Ekeleboy

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I dont think the rise in the coin price is in anyway connected to announcements or announced as the case may be.
It could be as a result influence; mabe someone somewhere bought or sold a huge amount of the coin or neither.
And I don't believe the social media is a causative agent either. Social media influences might have at some time influenced the buy of some coin though.

Oilacris

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Quote from: Silberman on August 16, 2021, 05:02:14 PM

Quote from: whatever61 on August 16, 2021, 11:42:54 AM

I understand, but in that case the rise in price would be instant in one second. Right?
What I see is dragging for hours..

Not really, what you could be seeing in those coins is a whale setting up a position to be able to manipulate price more effectively, as the name implies a whale is too big so if they were to enter the market with all of their resources then the market will skyrocket, but if that is not what they want then they will enter the market gradually and in a kind of a slow-motion to try to avoid to produce that result, this is very easy for them to do because they have bots that allows them to do it, and that's the best explanation that I have about the behavior that you are seeing.

Yes, it could really be possibly on that way too on where there are some initial pumps just to make it look a good one and when it do create some hype and interest when people get lured in then it is where they do make

money and this is some sort of manipulative act which is really very common into this market.If you dont know on how to spot out these types then you would definitely be caught in the dump.

There could be reason or not but you should be watchful and be careful because taking a risk on buying these kind of coins wont really be that a good idea.

Silberman

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Quote from: whatever61 on August 16, 2021, 11:42:54 AM

I understand, but in that case the rise in price would be instant in one second. Right?
What I see is dragging for hours..

Not really, what you could be seeing in those coins is a whale setting up a position to be able to manipulate price more effectively, as the name implies a whale is too big so if they were to enter the market with all of their resources then the market will skyrocket, but if that is not what they want then they will enter the market gradually and in a kind of a slow-motion to try to avoid to produce that result, this is very easy for them to do because they have bots that allows them to do it, and that's the best explanation that I have about the behavior that you are seeing.

Yamifoud

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Quote from: whatever61 on August 16, 2021, 08:49:55 AM

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

Because crypto has its own agenda and they can more freely without the help of social media like Twitter. I can imagine how Doge got pump through tweets by Elon Musk in the past few days but this time, some altcoins are in the rally following the trend with Bitcoin. This was not new to everyone and besides, it was not the social media that could make it to pump, some other reason to find.
It wasn't hard to think what makes these things happen and you can ignore the massive market demand affecting the price and likely to move it fast.

SquallLeonhart

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Quote from: whatever61 on August 16, 2021, 08:49:55 AM

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

The fact that they have a very low volume causes that. When there is no volume and the liquidity is very low, buying $10 worth could mean 2x for many very tiny coins, I have seen that with a token that I was in charge of, the volume was $300 a day and half of that was fake volume, so whenever someone bought $100 worth of tokens the price actually went up quite a lot, at the time bitcoin was around 6-7k dollars and one day someone spent 8 bitcoins to buy EVERY coin available, the price went from being $0.000001 or something, to being $100+ because there was no token sold aside from those hugely insane numbers.

Of course that changed in 5 minutes and people started to sell like crazy when they saw that price, but just one crazy person was enough to turn something nearly zero to over hundred bucks all by himself. This is how all those coins go up like crazy, lack of volume and liquidity.

whatever61

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Actually, I think I found one of the most common reasons.. It's small pumps and dumps, created by crypto channels.

I analyzed the candles on a minute basis before the signal (green), at the moment of signal (blue) and after (red).

Check out the screenshot:

https://snipboard.io/manWZG.jpg

You can see that it has very low amount of trades. Then:

The organizers buy some of the coin

Send the signal at 18:02

Dump the coin

This happens lots of times per day. Even though I am not sure this is the only reason, but it seems like a common one, since there are tons of signals channels.

CryptocurencyKing

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Most times coins grow and you can agree that jts often far from a pump. I doubt there is any chance by which, a coin might grow without some news. They've got to be some news, maybe not a breaking news as we see with some celebrity figure do or company speculatiom but the people's perception of the coin based on precious or some sort of publicity is what you see playing out on the coins. Mind you, it is an up and down movement so, not like it pumps always, it dumps a few times too. To be in line with the news about a coin, you could follow them up on telegram and you would see some updates from both management and investors.

Mahanton

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Quote from: whatever61 on August 16, 2021, 08:49:55 AM

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

I will provide couple of examples:

1. DODOBTC - Today - 16 July
2. DODOBTC - 11 July
3. DODOBTC - 6 July
4. EPSBTC - 15 July

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

Just simply when low cap coins will really make out such percentage volatility yet it can move out on bigger ranges because it do lack liquidity or volume.Do move without any news?Of course if someone
had been trading on that particular coin then its just understandable that there would be some movements without any news that do happen in the market.They wont really be getting one in the first place
unless if its really a potential or good project on where the team behind is really making out some good updates or progress then it could be also one of the reason and remember that
touching shit coins is very risky but its your choice if you do deal with that.

nelson4lov

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Quote from: whatever61 on August 16, 2021, 08:49:55 AM

~Snipped

This is a completely normal situation in crypto. You don't actually need any news for prices to increase. Most times, it might be due to an expected price increase based on a technical analysis perspective. For instance, while using trading tools like Support & Resistance or even the fibonacci retracement tools, there's a level price would get and it would exhibit a move that everyone is expecting ~ thus becoming a self fulfilling prophecy. So moves don't need a fundamental analysis action or news to pump up the price. People would just buy at those zones with the right TA.

tvplus006

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Quote from: whatever61 on August 16, 2021, 08:49:55 AM

...My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

Small coins with a small capitalization are very easy to send to the moon or dump. In the case indicated by you, most likely there is a systematic purchase of coins in order to connect newcomers to such purchases for a subsequent dump. Therefore, for such an increase in the price of the coin, news is not needed at all.

whatever61

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Quote from: feelideb on August 16, 2021, 11:47:38 AM

When a coin is low cap coin or, when the liquidity is low and thin or, when the coin is not well distributed and large chuck of the supply is in few hands, it will be easy for such coin to be manipulated! Just few dollar buy, will increase the market price. And the opposite is also true for such coin i.e a few dollar sell can crash the market price!

I don't think that's the case, since these are coins listed on Binance with volume around 100BTC. I am sure there are even higher that have the same behaviour.

I can see lots of trades during that day, not just couple of trades that moved the price..

feelideb

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When a coin is low cap coin or, when the liquidity is low and thin or, when the coin is not well distributed and large chuck of the supply is in few hands, it will be easy for such coin to be manipulated! Just few dollar buy, will increase the market price. And the opposite is also true for such coin i.e a few dollar sell can crash the market price!

whatever61

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I understand, but in that case the rise in price would be instant in one second. Right?
What I see is dragging for hours..

mk4

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News isn't always the reason why a coin pumps. It could simply just be caused by a huge buy order by someone. And knowing that a lot of altcoins that get huge green candles have really low liquidity, it wouldn't even require a whale to have a 10% increase.

Upgrade00

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It could still very well be a market manipulation from whales to pump up the price and dump at a much higher price.
Small coins or those with lower market caps are very susceptible to manipulations from whales and shills which can significantly affect the price

Quote from: whatever61 on August 16, 2021, 08:49:55 AM

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction

Technical analysis is a reading strategy, but it is also dependent on the fundamentals of that project. No trader would expect a relatively unknown currency to grow in price just because.

whatever61

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I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

I will provide couple of examples:

1. DODOBTC - Today - 16 July
2. DODOBTC - 11 July
3. DODOBTC - 6 July
4. EPSBTC - 15 July

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

Topic: Why some small coins rise in price for 10%-20% in a day WITHOUT any news? (Read 285 times)