Bitcoin Forum

I noticed some tokens like counting house and Enjin coin doing almost 200% increase without BTC or ETH moving much even dgtx rose quick. Did anyone else notice that? Which other coin rose so much and what do you think is the reason?

Well ENJ and Kyber did a major pump with the recent news

Kyber network pump because of Enjin
Enjin pumped because of the wallet integration in Samsung Galaxy S10

But why Kyber pump?
Because Enjin has Kyber Network Swapping feature built in in the wallet, hence it is like a direct benefit to the KNC network too
More trading volume, More KNC token burn, more value

As far as ENJ, yes, there have been a lot of thread about it lately. Did you know the reason? It's because Samsung new S10 would include ENJ in their crypto wallet that's why the price suddenly spike after the announcement last couple of days. If you're going to ask if we have joined the hype? unfortunately, I wasn't aware so no profits for me. But for those who have been holding ENJ or at least join before Samsung made it public then I'm sure they're very happy about the pump.

i feel like i have been repeating the same thing for the past 3 years :D

altcoins get pumped, they specifically get bigger pumps when bitcoin is stable.
what is the reason? it is simple, investors in this market need profit and when bitcoin is stable they can not make profit that way. they also want to increase the amount of bitcoin they are holding. so what should they do at times like this? they go ahead and pump shitcoins, specially the ones with smaller markets. they make profits like 500% in 3 days and then pull their bitcoins that are now 5 times more out and enjoy the rise of bitcoin price which is coming soon!

Everyone I think noticed it that ENJ pumping hard as people tend to buy news such as samsung galaxy s10 integration of enj wallet. But what is really important here? BTC becomes stable at this level and eth as well meaning it is not necessary needed for those two major coins to move up for other altcoins to increase. This, does prove that altcoin can stand alone if they have a solid project. People now starting to be wise.

I noticed that but it's hard to determine what will be the coins that will perform the same. When there are news about these coins, expect that the price of these coins are going to pump. The sudden rise for these coins are also threatening for those that are coming in recently, you know that it's going to be hard for them to catch them whenever they are late getting in for that coin. It's best for you guys to buy the rumors and sell the news so you won't be stuck.

And enjin has a partnership with unity while unity was creating an integrated system with samsung to make samsung console will be smoothly to run any games created by unity. this is a very good ecosystem.

The news about ENJ is all over, people buy through the updates its not wonder the price spikes.  The rest of us must have been waiting for its price to drop but it continues to rise. Wish good luck to the holders. Samsung is really one hell of a company who is advancing their way through crypto.

Enjin wallet is supposedly be inside Galaxy S10. Not sure if that actually happened. Now phone is out already. Dont you think that is a good reason for growth of a token?

If  the price increase was not as a result of pump action, then probably they both gain massive strong investors that believed in their project without using BTC and ETH as means of exchange to their own currency though I don’t know if we have another means of coin exchange.

But, I feel that could be the major reason because it is when a coin gain more investors which might be quite powerful that we experience such as high increase in the  value of a coin, I didn’t see any much increase in the coins that I am holding and I don’t have any of the 2 coins mentioned on my trading platform so I didn’t know about their increase until now that you said so.

They really have to create profit because they are traders so I think this is a great strategies while the bitcoin market is stable. Also news about the coin can also affect the price, more coins are pumping in the past days and if you are a trader, you must notice it now or you will miss that pump. Don’t just go buy shitcoins and hope for a pump, its not easy i think.

Little bit don't understand all this hype with the crypto wallet on s10) This not the first mobile crypto wallet) Why such price increase? Is there something special in it? or just usual mobile wallet?

The whole S10 thing was nothing but a rumour, bagholders started spreading lies and people caught up to the hype, the price pumped to insane levels because newbies and fomo buyers thought it was going to keep going up...Unfortunately, that never happens whenever altcoins suddenly pump over 200%. People, probably the early adopters, have started dumping ENJ a few days ago (currently 15% down just today), newcomers will be left holding worthless bags.

Enjin has been doing very well this days and coins like binance and litecoin are improving this days too.  I think the current bullish sentiment is signed that people are reacting to some news that are coming out into the market.  It means bitcoin and others cryptocurrencies are on the recovering face and if we have risked capital now should be the best time to invest into cryptocurrencies market.

Enjin is one among the five coins that has been integrated with the Samsung's recent launch of the S10 which has got the inbuilt cryptocurrency Wallet. On this regard the price of enjin pumped drastically above 200%, and it also has got a perfect khyber network backing. Investing now too is an good for long term profiting.

Yes some of my my past coins has been pump when I check on the coins that I dump,
And sad to say but it if I compare the price when I dump it at its current price then I lost some money,
But I just need to move on and make sure that I wouldn't do the same mistake.

It depends on marketcap and circulation supply, I saw many tokens in last month because we should predict some tokens in some trading signals but result was not satisfy with peoples so high margin traders are helpful in this hype but we never expect the continuous improvement in all the time. Because sometimes it will love to backward also in crypto industry.

No need a bitcoin or ethereum good pump up for this enjin project go to the moon this is only because of the partnership of samsung ang enjin are true all I can say that this project are doing hardwork to give us a real product and make a strong fundamental to run in a long term.

I did not know about that. KNC has really increased a lot of value. I thought it was just a pump. although I believe in the project, unfortunately, was greatly impaired by the fall of ETH. Let see if this price sustain.

Enjin is a top coins so we noticed that easily.
The rumor and now the confirmation that it's added in the samsung s10 wallet is the reason of the sudden pump.

The volume grew as well to over $100 million, but like a normal situation, Enjin is currently on correction now, the hype is over already.
If you buy the rumor and sell the news, this coin do certainly give you a good profit.

Many coins pumps high despite of a bear market, I saw a great manipulation on that because there is no specific news that boost the coin to pump. Well, you have to play safely on that coin, and you must take profit as early as you can because if you don't, you might be trap on that so trade with caution.

Not see  because i'm not really look on token markets. Only market with tokens that i have usually i look and BTC market. Maybe there are any update from their developer because if developer update their project, sometime the tokens get pumped.

Indeed, but we will appreciate more if BTC will pump also.
It will bring good effect to the market and might drive a new FOMO, what we are seeing now is just a altcoins pump but it will also dump
so nothing is really consistent at the moment. Recently, ENJIN coin pump but now it has dump, it's a classic pump and dump game despite the rumors are confirmed about about samsung partnership, in a good market, price would not move like this.

It rise only because of some buyers that keep relying on positive news wherein even though without specific information and doing technical analysis they will quick jump on it because the growth rate is gradually increasing and also the average is quite interesting wherein looks very promising and will give a good return. People nowadays are smart but when there's a small dump they're panicking always and dumping immediately.  Lol

Pump and dump alwasy happens in altcoin price, you can't compare with bitcoin and ETH because they should have a lot of money. If you are bounty hunter then you can manipulate the price token that you get from bounty campaign, although at this time many developer who make new strategy to avoid it, they will distribute the token with several step. Atleast this things already been a problem for new project.

I don't really think developers are trying to limit the pump and dump schemes. I suppose it is the contrary that they want. As it makes their project in the highlight of the top gainers. And people like to see this kind of increase of the price, as it makes the crypto market more exciting.
But developers don't really like to see only a big dump and no more trading.

The rise of sudden coins can bring more new players so developers needs to make some good trading activities, aside from that they need also to
avoid dumped that will hurt the value of their projects, some might be noticeable as they have good usage just like how binance coin is working right
now, they manage also to gain value inside the bearish market.

I believe the wallet itself was developed by Enjin and is Enjin wallet. That was the reason for the price increase.

As always it was, If there is a real product that will be used with society, so its price will really have very good performance. Based on this, not surprisingly, such a positive increase in coin prices. If we take into account its level at cost price, then this indicator can be multiplied by 10 in any case.

tokens go up to% 200 in a short period of time because there are good news provided by devloper Examples of launching platforms, new markets so make traders come

Right, that's the only reason why Enjin suddenly went on a rally during the last week.


Now the price is going back to where it was before the pump so obviously, those who get in prior to the news are also the one who went out very quick and get the profits.

I noticed that such coins as litecoin and binance coin do not repeat the market, and develop independently. Of course they did not +200%, but the main thing is that they have their own support and go against the market. This is very good.

Yes, its eas to see that especially if you are monitoring the market. Bitcoin and eth are not moving high so tendency are, traders find another coin so they can take profit. Its good of course since profit is profit no matter what coin is that so keep focus.

every time there are new coins or coins that are in an event in the development of the project they will usually get a pump from their side, it is a strategy for them to be able to attract investors to invest in the coin, even though the market situation or bitcoin price is not increasing.
it's hard to know which coins will be able to go up a lot and get a pump unless you follow a signal for each list of coins that will get a pump increase.

It seems that the ENJ coin will become a popular coin with a tremendous increase, we will see this and many are trying to be in the BTC and Eth so that they play in other more creative altcoins. Real products that will rise up and get a place in the hearts of investors.

I knew enjin will pump up its price  when the news appeared that they are collaborating with samsung. After i saw that news on twitter i immediately go to an exchange and  bought enjin while the price is 0.08$ and sold at 0.2$

Enjin went up simply because of samsung s10 man they decided to support its wallet on their phone for some payment which samsung might use later so basically i think the price might even get higher with time

The fact is that such programs will be supported only by brand brands of Premium smartphones to everyone. Based on this, it can be assumed that the use of these opportunities will not be massive.

Possibly with some coins worked for the seller. If these coins were not planned any important events, it was the usual speculation of one or several large sellers.

Without increase of btc or eth yes it's possible some coins will increase their price in the coin market cap, my own analysts for this is the demand and the support of the people behind the project how it to promote well to get chance for price increase due to the demends buyers of each coins.

That increase mostly caused if coins have been partnership with big brands of some Product. Just like Enjin that said have it with new upcoming Samsung but i saw in other sources that this Samsung device wallet didn't support BTC

Another sudden rise today, and finally BTC reached to $4,000+ .
Still going uptrend, seems like no stopping BTC now, are we gonna break the $4,200 resistance? We will find out.

I cant guarantee the cause of this coin’s rise really despite of btc and eth’s drop. I suspect one reason for this is whales manipulative volume again that’s why the next day or the other this coin will not be one of the top gainers in the marketcap again.

Manipulation is not new to the market, whales have been doing this ever since, so it should not surprise us.
They can manipulate by dumping or pumping the market, whichever they want but I know they believe in the crypto's potential so I trust that they will pump it soon.

I hope so, the price bitcoin always drop if reach $4000 like a few months back. But I can feel now is really different, the price bitcoin still look strong to rise. Also, some information that comes will affect the price movement and now the information that comes is really good and espouse to make price increase.

It could happen as we know that the manipulation still is going on in every coin so if the coin can rise in one-time, then it will look suspicious. But I don't think too much because as long as I can make a profit from the coin, then I don't think that is manipulation or not and if that is the whales manipulate the price, we should go with them so we can also make the profit too.

Recently, the list of ONT on binance was pumped price 6 times. Enjin is not the only money in this market, which price increase. If you are curious about this list, you should check out the top gainers list in CMC.

Indeed, there are some coins that go up or down are not affected by the movement of Bitcoin or Ethereum. I think this is a game from investors because they use this coin can generate big profits. So this sudden increase can attract the attention of other investors, so they invest.

I did not actually noticed that there was an increase in the price of those tokens but I think two factors can be able to cause this kind of increase in price.

The first is that maybe the team are creating a hype in the price of the token so that more traders can buy into that market just to create and awareness about their project or it's just a group of pump and dump telegram groups that made people by the coin so they can dump on new traders.

I saw an ABYSS coin a few days ago. When the price of Ethereum and Bitcoin starts to decline, ABYSS coins continue to increase. It's as if many people are focusing their funds on the ABYSS coin trade. Trading volume increases and I can make a profit from this coin.

Of course acceptance is the main reason why coin growth rate suddenly change and rising rapidly . It's just normal reaction actually like what happened on bitcoin year 2017 which suddenly jump to the ath because there's more ppl keep buying and holding.

Enjin just pumped its price when the partnership on samsung appeared on the news. The next coin to rise is stellar , then cardano ,and lastly credits when mainnet is launched.

besides the two coins (counting house and Enjin coin) you can see this binding of Binance (BNB) prices is very fantastic.
with the price of bitcoin and ethereum falling but the BNB continues to increase,
Why? this proves that good coins are not always affected by the price of bitcoin or ethereum, they have their own trends on the market.

BNB is supported by a known exchanges and thats the reason why it is not really affected with the dumps in the market. Only we just hope that it could sustain the trend and those BNB investors won't sell their coins in cheap price cause it might lead into losing its potentiality.

In certain markets, there are no reasons compatible with these strong movements!
This applies when prices fall and reach lower levels with no apparent logic!
The bull market is composed of upward and sudden movements.
What you see in traditional markets is not so smart to apply in cryptocurrencies precisely because the unpredictability is greater.
Many designs depend on whales' humor and that's all.

Now, people should know how whales could play the market and doing some hypes will look attractive to the investors but in the end, it will give you losses.  We can't imagine how it grow that much without any participation without them. It maybe is not their real intention to rig others money or maybe they just want to let it known into the market.

You have to wonted with the price movement of altcoin, maybe everyone here will know that the price altcoin is really mild, I mean you may see altcoin price will rise and fall suddenly, it's really wonted in altcoin price. This pointed out, if you have an investment in altcoin you shouldn't have a greedy nature, because if you're late to sell then you will regret it.

It seems to me that first of all you need to look at the projects with which we deal. Today, investing in Bitcoin also carries a very high risk, and therefore, before making a decision, it is necessary to conduct a very high-quality analysis of a project.

I did not notice that and that should be the activities of pump and dump group and we are not going to see this as an economical growth.  I think some pump and dumps group are trying to manipulate those coins to there advantage.

They do, that's their job, they make money on it so they will continue to do it.
We just have to be aware with that so we will not be in FOMO mode every time there's a pump, what's best is just to play with them too.
You don't have to join them, just observe the market and you will determine which coins are undervalued or overvalued.

all actually have great potential to rise, they are as examples of ENJIN who successfully worked with Samsung and in the end also gave a surprise with a considerable price increase, which would be an example of all projecks when their products are successful

Yes, actually every project has great potential to continue to grow without relying on Bitcoin or Ethereum. I am sure they already have a very solid development team that is able to attract the attention of investors. And projects like this that have to be shown by other projects.