Bitcoin Forum

https://coinmarketcap.com/currencies/janus/

8000% increase in the last couple of hours. Around 10 cents USD this morning now worth $12 USD.
Looks like prices levelling out in the last few minutes.

I have never heard of this coin until now. Thanks for showing this. But please give caveat so that newbies don't join this pump and dump. Stay away from such coin.

Most of the time these tokens are concentrated in one person's hands, so they can manipulate the market price at will and control their ups and downs.

look at the very low 24H volume  ( only $1,900 ) and look at market, its absolutely someone manipulate market to attract some newbie to invest.

It is very simple to pump price of such coins with low 24 hour  volume. Be aware, price will dump quickly.

Yes someone is doing something (wish I knew what!)

Price is now $9 even after so many hours most pump n dump are done in 5 minutes.

And yes I should have said, don't invest in this coin now, if you bought in at 10c and sold at $12 then $500 would have become $400k.

A P&D of this proportion is concerning for the market, if one person or a p&d group can do this they can sour the whole crypto concept

Price its nothing mate, like seriously see the volume and where that coin can be trade, its 100% traded in https://stocks.exchange/ and only paired with NXT. Dont rush so much, just join big train with bright future.

So can someone explain what happened? 1 Person bought at 10 cents like all amount of coins available and then set the price for 12$?

I wouldn't call this 'epic P&D'.
I think some newbies decided to buy without knowing what is he doing.
Daily volume is funny - 4K only.

A wannabe whale cornering the market with basically no volume, if only a few dozen persons buy the coin at 9$ he made min already, brave new crypto world

It doesnt matter if that coin gets pumped by someone. the question here is that cryptocurreny is tradable? if no exchange supports it the pump will be useless even the price of that altcoin goes up dramatically. if it is tradable to other coins maybe some whales just pumped it because the trading volume is very low to consider lots of people are buying it.

There are a lot of such coins!
Especially what is the point of guessing what was then?
Well it grows, well it falls ... if you do not have at least 10 000 of these coins, nothing will change.

its easy to make artificial pumps when you control a big amount of the coin

I confirmed that this is just another shitcoin, And you may never try to take it seriously, please try to do the more effort before trying to say anything about that. only $2.169 USD  for 24 hours volume and what the heck is that. That's just another shitcoin and that's really crap mate. I remember that janus just fork from dacrus which already delisted from bittrex.

Yeah...for the new people, these are the ones to stay away from as they will just end up being a big loss for you.  The only time these are good is when you are on the winning end of the pump and sell.  haha

I agree, no volume no exchange, this increase so is nonsense. If it is a real pump, it will be dumped immediately. I don't know c-cex and other exchange but probably there is not much volume.

what a question hmm. I think we all are responsible for this HUGE P&D but I have the feeling that his is not over yet and we might see an extra round with new all time highs. I'm still thinking that bitcoin will go to 10k and then back to 50k.