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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Jonyshake71 on March 28, 2024, 12:20:20 PM



Title: Shitcoin games in exchanges
Post by: Jonyshake71 on March 28, 2024, 12:20:20 PM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining


Title: Re: Shitcoin games in exchanges
Post by: Beparanf on March 29, 2024, 01:00:44 PM

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

Yeah, this is always the gimmick created by the exchange and team together since CEX doesn’t have any blockchain records to verify who’s involved but the exchange has the power to place a quick buy order on thin order book to make the coin display a fake pump that frequently being use to attract more new traders to jump in and ride the hype.

This is why waiting for the correction after it was listed is the best approach to invest on this coin rather than gamble buy while team/exchange is still fake pumping it because you might ended up buying an OP coins and worst that it be die quickly while you purchased at the top.

CEX should be regulated properly in able to avoid this but since most of the exchanges choose a country with weak regulation on crypto exchanges makes them free to do whatever they want including this such manipulation.


Title: Re: Shitcoin games in exchanges
Post by: rodskee on March 30, 2024, 02:12:49 AM
this is why when people use listing
as a reason to invest in, i find it funny

lots of coins get listed in big exchanges
but it does not guarantee success
however it would still be nice to take
advantage of the moment the project gets listed


Title: Re: Shitcoin games in exchanges
Post by: Tmoonz on March 30, 2024, 02:37:24 AM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

That is the real fact which is, that a coin is listed in an exchange doesn't guarantee the coin has a good potential it could be possible that they pay the exchange just to succeed In their dubious act, the reason why most time it is important to  participate in the early part adoption of a new coin such that before they could think of scamming you must have gotten a little profits that is if you have not been overly greedy of waiting too long in the market.


Title: Re: Shitcoin games in exchanges
Post by: Churchillvv on March 30, 2024, 03:07:25 AM
This is a frequent case in the crypto industry especially in for shitcoins, and perhaps the alignment between the exchange and the project team is always one of the reasons why most exchanges are facing the law seriously.

Even before anyone goes into altcoins they must have been fully aware how volatile and stupid some shitcoins can be, so if there are losses then it shouldn't be a problem anymore because it's an intentional risk or action in the cost of profit making.
There are a lot of this pump and dump shitcoins all over the place now so if anyone is ready to take the risk then one must also be ready to face it's consequences.


Title: Re: Shitcoin games in exchanges
Post by: Bureau on March 30, 2024, 03:24:41 AM
Shitcoins that are on Solana blockchain can be bought initially on Jupiter DEX. These coins then generally get listed in big DEX like the one OP has named. Now, the risk here is if the team behind can do a rug pull. If anyone here is okay with the risk then go ahead and buy the shitcoin and wait for the listing. As soon as it happen book profit and wait for the next shitcoin to get launched.

Investing in shitcoin is always a big risk, don't come here to explain us the risk as we all are aware of it. If you had made a profit then you wouldn't have created a topic here. Since you lost your money you are now explaining us how pump and dump works.



Title: Re: Shitcoin games in exchanges
Post by: Volimack on March 30, 2024, 05:21:01 AM
Be careful before investing in sheet coins as we all know that sheet coins carry high risk. There are many projects that look good in the beginning and then turn into shitcoins and the investors end up losing money. As far as we understand there are many good coins in altcoins no need to risk the shitcoins. Its groups are not good and there is no information about the coins pump dump.


Title: Re: Shitcoin games in exchanges
Post by: Kelward on March 30, 2024, 06:14:08 AM
I've always thought that there should've been a sort of regulation how exchanges gets projects listed, so that they can protect investors from scams, but it's obvious that they're in business to make money and they'll list any shitcoins, so project listings on big exchanges is not a guarantee of it being legit. For investors who wants to go for these Ponzi projects, they should buy early, don't be greedy and sale early, grab whatever ROI before it'll vanish, because delay can make them to lose everything, you don't know when the dev. team will pull the plug and exit, then the project will die with investors funds.


Title: Re: Shitcoin games in exchanges
Post by: Outhue on March 30, 2024, 06:19:39 AM
The last time I checked, delisting doesn't take place in the same year that the project is listed on exchange, maybe few years later but are you going to still be holding those altcoins in a few years time? We will be in another bear market already.

Your goal should be buying these new ALTs and take your profit in a alt season, and go away, until another buying opportunity arise in the future, the fact about altcoins is that the newer they are the more potential they have in terms of return of investment.

Most old altcoins dont always do so well like the new altcoins, but if you choose them wisely you will smile when Bitcoin makes a new all time high, go for the best new altcoins like Sui, SEI, Arkham, Hatom, NeonEVM, Arbitrum, Scroll, Zksync, Partisia, and many other good ones.


Title: Re: Shitcoin games in exchanges
Post by: JeffBrad12 on March 30, 2024, 07:02:21 AM
it was always like that from very beginning these exchange definitely have their share of their own way to create profit and one of them is definitely by listing some shitcoin, at least the other exchanges out there aren't too haste in listing these meme coin and try to profit off it, but I see it as a kind of shady practice tbh if the exchange list so many meme coin, currently many exchange whenever there are meme coin that just rise in popularity appear they definitely trying hard to list it, just to get that trading volume into their platform probably to pump the trading volume up and also profit off the fee since we all know how huge can these meme coin be having trading volume, recent meme coin that got popular gained 1 billion volume just within less than a week and also gained half billion market cap within less than a week you can figure it out why it can be a really interesting opportunity for many exchange sometime but it also means that if exchange tries to list the most random meme coin or shit coin there is they might lose credibility.


Title: Re: Shitcoin games in exchanges
Post by: Belarge on March 30, 2024, 11:25:06 PM
Be careful before investing in sheet coins as we all know that sheet coins carry high risk. There are many projects that look good in the beginning and then turn into shitcoins and the investors end up losing money. As far as we understand there are many good coins in altcoins no need to risk the shitcoins. Its groups are not good and there is no information about the coins pump dump.
The piece of good works comes with a price. Never to back down from making or climbing the market, we're gradually eating good in the market just that now is my straight core duty to enjoy your man. Our investment are trying to root in with appropriate tasks and ratio, atleast these teams are not that dump, always ready to make precautionary measures to sits ontop of the table with clean pictures. Shitcoins are the orders of the day because they’re more conversant to using average small time frame and still provides the results necessary.


Title: Re: Shitcoin games in exchanges
Post by: Alone055 on March 31, 2024, 01:43:40 AM
Those are called pump-and-dump coins or tokens, and by the way, it's not the exchange that buys to pump and then sells to dump those cryptocurrencies but it's the teams behind those projects and the people involved. I wouldn't say that no exchange does that, they can do that as well because everyone out there, including you and me, is looking for profits at the end of the day, and if you can earn some of it by buying a certain token and then selling it after some time, you wouldn't mind. However, you can't blame the exchange for that.

If you buy when a coin or token has already skyrocketed, you are most likely going to lose money, you don't FOMO into such cryptocurrencies out of greed because you won't get anything, and you should also not buy coins or tokens right after they are listed unless you have set a bot that would do the buying and selling for you which will be quick but if you try doing that manually yourself, you will most likely get burned.

So avoid such things to stay on the safe side.


Title: Re: Shitcoin games in exchanges
Post by: TastyChillySauce00 on March 31, 2024, 05:20:51 AM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.
It's a game and it has been running for so long. MEXC has been known as exchange that was very often to list shit scam token. This exchange site was milking shitcoin developer to get listing fees and that's it. Probably the exchange site itself was dumping its token got from the developers for the listing purpose.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.
Me too but to be honest, playing in solana blockchain is a bit better compared to the centralized exchange site like cex. The meme token in solana blockchain is not gradually died like that. It can consistently gain more volume till it will be listed on big exchange site.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
This is why i often invested small amounts of money into the shit token caused by i used it for gambling purpose. Missing a few hundreds bucks are not something bad.


Title: Re: Shitcoin games in exchanges
Post by: kentrolla on March 31, 2024, 08:49:06 AM
This happens everywhere and exchanges are well aware of these shitcoins but for them it's all about money so we need to ensure we don't get tempted and invest into any coins just by looking at it's recent pump and it can happen even with Binance I can never forget this coin names Nebilo where they suddenly dumped reducing my capital to less than 10% of its original and then they delisted it as if they cares. I think we need to be more vigilant.


Title: Re: Shitcoin games in exchanges
Post by: cryptoaddictchie on March 31, 2024, 09:13:10 AM
Why would you buy on exchange already if the memecoins got listed there means its already pumped pretty good. You must spot a shitcoin on dex while no one is talking about that project so in any case it pumped youll experience a very good profit. The risk there is some memecoins didnt do well after quite sometime and theres none hype being drawn making liquiidity got thin. So its still a risky field if you wanna gamble with memecoin.


Title: Re: Shitcoin games in exchanges
Post by: bluebit25 on March 31, 2024, 09:24:12 AM
A coin's listing on an exchange is not an accurate measure of its growth potential. We have seen the rise in popularity of pay-to-list projects on exchanges, making it more difficult to assess the true value of a coin.

That is also the reason why many new investors flock to newly listed coins because they want to make quick profits. They hope that the price of the coin will skyrocket after being listed, helping them earn huge profits. But the reality is that the projects are subject to price manipulation or lack potential.

https://www.talkimg.com/images/2024/03/31/VRkWl.jpeg


Title: Re: Shitcoin games in exchanges
Post by: Taskford on March 31, 2024, 09:34:50 AM
Why would you buy on exchange already if the memecoins got listed there means its already pumped pretty good. You must spot a shitcoin on dex while no one is talking about that project so in any case it pumped youll experience a very good profit. The risk there is some memecoins didnt do well after quite sometime and theres none hype being drawn making liquiidity got thin. So its still a risky field if you wanna gamble with memecoin.

Maybe because they think that meme coin will reach up to 1000x just like what other big meme coins in the market that's why they thought that its good idea to buy them and hold since they think it can give them huge fortune if the said meme coin will pump. But unfortunately some of those tokens will not go that way since as we know that there's a lot of scams in that tokens so most provably they might just wait for nothing and waste their money for waiting for great pumps to happen.

People need to settle up their self that there's a big risk for taking a good decision to invest with meme coins since there's no assurance that we can get something in return for putting our trust on some projects there. Much better for these people is to wake up with their fantasy. They should never tolerate those scam devs for always creating a pump and dump scheme since they will just repeatedly wreck people who invest on their meme scam tokens.


Title: Re: Shitcoin games in exchanges
Post by: Bushdark on March 31, 2024, 09:40:07 AM
Almost all the exchanges do this for the money that is why they are always quick to list shit coins because they know it's would be an opportunity for them to make fast money. This is why we have seen that Binance is very strict these days increasing the requirements for a token to be listed on there exchange. There are also exchange like OKX that like listing shit coin and later when the coin lost momentum they would delist it after they are not making money from such project.


Title: Re: Shitcoin games in exchanges
Post by: fapar on March 31, 2024, 10:46:37 AM
Almost all the exchanges do this for the money that is why they are always quick to list shit coins because they know it's would be an opportunity for them to make fast money. This is why we have seen that Binance is very strict these days increasing the requirements for a token to be listed on there exchange. There are also exchange like OKX that like listing shit coin and later when the coin lost momentum they would delist it after they are not making money from such project.
Because Binance is the top 1 exchange and it was the first to encounter problems with the law and suffered a few billion dollar fine. Smaller exchanges are also trying to make money, but if you can’t do this based on trading volumes and the number of users, then you can try to make money on shitcoins. But most likely in the near future, against the backdrop of pressure from cryptoindustry regulators around the world, there will be a gradual displacement of shitcoins from the CEX.


Title: Re: Shitcoin games in exchanges
Post by: batang_bitcoin on March 31, 2024, 11:40:58 AM
As you give the warning to the others, to the others this seems to be an opportunity that they're trying to look as a lottery. That's why many investors are still looking for memecoins or shitcoins because of the gains that they can get. As far as we know about them, this is making them look into the greater gains instead of the long term gains that we're looking for. I am for the long term but I did managed to earn quickly with some of the altcoins before but it didn't happen again.


Title: Re: Shitcoin games in exchanges
Post by: AVE5 on March 31, 2024, 12:49:54 PM
I've not tried to Invest in the shitcoins before because my current state of emotions can not afford to deal with the negative side of it when the coins platforms would shoot their shots of the potentials to display their unacceptable dramatic moments.
It's good that you Op could testify with your experience. This is just why I wouldn't even try such game because that's an alternative or an advanced ponzi schemes disguising it's to be legitimate investment platforms meanwhile they're on a personal motive to do away with investors funds.
They're usually acting in unity to hype and circulate the coins and also give you  some chances to feel comfortable in investing with them but trickishly they're attracting you to invest more of your capital for you to make much more profits but to them that's when they're are timing you up for disappearance.


Title: Re: Shitcoin games in exchanges
Post by: SeriouslyGiveaway on April 02, 2024, 06:00:37 AM
Newbies are often fooled by growth percentage numbers. But in reality, they were exaggerated and no user could buy the initial low price except the bots created by the exchange itself. Even if you set the initial price to match the opening price, you still cannot match the order. For new coins, especially extremely low-cap coins, there is no basis on which we can evaluate where they will go. And more specifically, they are the currencies most susceptible to price manipulation. If expectations are too high and spending a lot of money to invest in them, it is really risky. Most players will lose money because of coins like this, when blinded by the profit numbers.


Title: Re: Shitcoin games in exchanges
Post by: goaldigger on April 02, 2024, 06:27:24 AM
So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
If you don't know how to play the game then you'll fall on that Big trap and this is not because of any exchanges but because of the project itself and also the manipulation by the big players.

This market is a mind game where everyone is trying to outrun the others, if you are moving slowly and don't know what to do, you are probably one of the target of those big players.

What you can do is to keep yourself updated and continue to learn, you can be at your best and win more if you will stay focus.


Title: Re: Shitcoin games in exchanges
Post by: AVE5 on April 02, 2024, 07:43:07 AM

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

Yeah, this is always the gimmick created by the exchange and team together since CEX doesn’t have any blockchain records to verify who’s involved but the exchange has the power to place a quick buy order on thin order book to make the coin display a fake pump that frequently being use to attract more new traders to jump in and ride the hype.

This is why waiting for the correction after it was listed is the best approach to invest on this coin rather than gamble buy while team/exchange is still fake pumping it because you might ended up buying an OP coins and worst that it be die quickly while you purchased at the top.

CEX should be regulated properly in able to avoid this but since most of the exchanges choose a country with weak regulation on crypto exchanges makes them free to do whatever they want including this such manipulation.

@Beparanf you're absolutely correct. All these are cases of improper regulatory system of the CEX and if thorough research is carried, we could be discovered that exchange and the teams are in collaborative alliance because CEX can't beat it of not being aware about the coins potentials before the authorized license of enlisting those shitcoins to the exchanges.
This realistically ponzi, the team strategically manoeuvres the market trends by hyping and influencing investors, allowing them to cash out to they could also be in line to speculate the coins to attract more investors and how Investors can also multiply to have more funds invested and then, the team dumps the coin and make their shares just as OP has earlier Said.


Title: Re: Shitcoin games in exchanges
Post by: Silberman on April 02, 2024, 08:51:18 AM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
As long as there are people out there that are willing to take the risk and invest in those coins, we will never see the end of this, and even if a few out of those people learn to never do this again, there are always a few people behind them ready to replaced them, especially when the bull run is underway, I just hope you are one of the few that learns to stay away from those coins and those fraudulent exchanges, and instead you decide to concentrate from this moment on and for the foreseeable future on the best coins and exchanges this market can offer.


Title: Re: Shitcoin games in exchanges
Post by: Kelward on April 02, 2024, 02:11:48 PM
As you give the warning to the others, to the others this seems to be an opportunity that they're trying to look as a lottery. That's why many investors are still looking for memecoins or shitcoins because of the gains that they can get. As far as we know about them, this is making them look into the greater gains instead of the long term gains that we're looking for. I am for the long term but I did managed to earn quickly with some of the altcoins before but it didn't happen again.
You'd wonder why gambling is becoming more popular despite the fact that people know that it's a place to lose their money, they'll still bet their money in the hope of winning, so it is with these shitcoins, most investors will know that they're gambling their funds, yet they go ahead to invest, hoping to gain massive ROI. These scam projects keeps getting listed in exchanges because it's profitable to their dev. team and the exchanges, at the detriment of majority of investors who bears the loses. And these scenarios keeps repeating because there's increased demand for their products.


Title: Re: Shitcoin games in exchanges
Post by: pinggoki on April 02, 2024, 04:37:26 PM
Don't bet on them, they're only profitable to those inside the pump and dump circle of that group, you're wasting your money investing in those shitcoins that you're saying because they're not going to go back up again. Most of the time, these shitcoins have only like a few owners and they just create all of this to create the illusion that there's a growth in their "altcoin" when in reality, it's just a get rich quick scheme for them. It's going to a hard life for you OP if you continue to do this, you're probably better off waiting for airdrops, at least in most cases for airdrops, you don't really have to spend money to get their tokens.


Title: Re: Shitcoin games in exchanges
Post by: Mate2237 on April 02, 2024, 08:20:51 PM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
I have seen such actions in so e of the reputable exchange platforms. They would list some airdrops, or altcoins then later delist them again but that's depends on the agreement or the conditions at the moment. Op 18,000% please can you name the coin's name because even Ethereum which the second largest cryptocurrency project in the ecosystem has not reached that percentage and you are staying an altcoin was like that..I don't think you get it right. Shitcoin games are always use in the game website and if they list it in the exchange they want those who using the coin in the website to withdraw it. 


Title: Re: Shitcoin games in exchanges
Post by: milewilda on April 02, 2024, 08:58:26 PM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
Its a gamble actually i should say but we do know on whats the real power when the community hypes starts to kick in on which you wont really be able to believe on how a certain shit coin would really be raising up its price too much despite on having that actual utility or whatever it would be or some sort of joke coins or simply with those meme coins out there. MEXC is been known to be an exchange on where most shitcoins been listing out
and its true that it could really be able to fly up with those huge multipliers that we cant really be able to believe that it did really reach out such numbers. Although not all the time that coins do really pump up hard
because there are even that new listed coins do have that extreme dump after listed and this is something that you do really need to look out for if you dont really like on getting ending up on holding up those
shitcoins just because you have bought on the peak.  ;D


Title: Re: Shitcoin games in exchanges
Post by: btc78 on April 02, 2024, 09:12:32 PM
Don't bet on them, they're only profitable to those inside the pump and dump circle of that group, you're wasting your money investing in those shitcoins that you're saying because they're not going to go back up again.

Some investors still invest on altcoins that are pumping even if it is already at its peak thinking that it is still going to back up and then suddenly they get rug pulled. That is why it is really not advisable for people to invest in altcoins for the long term. Instead bitcoin should be the only one or at least the primary coin to invest in for the long term.


Title: Re: Shitcoin games in exchanges
Post by: albon on April 02, 2024, 09:43:54 PM
I believe that the new memecoins listed on the MEXC platform are fakely pumped to attract investors to buy, and then the price of any currency they bought is dumped and they lose. I have even seen memes like  BONK2 or MEME2 and other non-original meme coins mimic the name of the original currency to deceive investors into thinking they are a second edition or similar of the currency. And truly MEXC is among the worst exchange platforms that are only interested in receiving listing fees solely for their benefit from the owners of these fraudulent projects, and after investors are exposed to the great risk, the platform instead of compensating them is delisting these coins. They are partners with the scammers in the losses they cause to their clients.

Their listing criteria are too easy, so they accept anything listed on their platform instead of conducting thorough currency audits. Do you find such currencies listed on Binance? I agree that people who fall for these memecoins will lose more than they gain, as it is very difficult to predict their path, whether upward or downward.


Title: Re: Shitcoin games in exchanges
Post by: Wexnident on April 02, 2024, 09:46:24 PM
There's a reason why people still keep doing them really, it's because it makes profit. And a lot of it if you manage to get the timing correctly. Sadly it isn't for everyone since a lot of people overextend their purchases so they just belong to the countless people who actually lose their funds, especially if you consider how the team dumps a large amount of tokens that are enough to crash the market entirely, not even giving original buyers the chance to recoup a bit of their losses. That's why I don't generally try them out. I'm mostly part of the buyers that lose their money instead of those that exit early after all.


Title: Re: Shitcoin games in exchanges
Post by: yazher on April 02, 2024, 10:00:47 PM
This has happened before and those kinds of shitcoins are present in some of the exchanges back then and they also promoting it more than they promote legit altcoins that have some solid developers. But forum users and investors backfired against them and they lose lots of their traders and customers and also their investors declined a lot and it ended their era of fooling around with their shitcoins. But right now, they are once again resurfacing and wanted to attract more people with their high percentage ROI when buying those shitcoins they promoted which is kinda deceiving for newbies, that's why it's really good if you take a step to learn about investing first before you actually by some cryptos for investment because if not, you can be easily fooled or lured to buy those shitcoins.


Title: Re: Shitcoin games in exchanges
Post by: oktana on April 02, 2024, 10:11:35 PM
It’s not just about MEXC, it’s the same with Binance and other platforms. And my believe is that they have a listing price, so when the coin starts trading, people start selling at a way higher price and people will be buying off as well so it easily flies to a higher amount. I don’t get moved by those price increases (I used to), because they can be misleading. If you want to invest, the best time is the presale.


Title: Re: Shitcoin games in exchanges
Post by: Ben Barubal on April 02, 2024, 10:22:35 PM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

I don't think MEXC is the only one doing that; to be honest, the worst exchange that lists shitcoins or zombie coins on their platform is Yobit, according to what I found out. It's even cheaper to be listed on Yobit compared to Mexc because the claim of the exchange platforms is the fee they will probably get here.

And most of them will pump it in the beginning, then when they see that their target has been reached, they will exit to get profit, then no one will die, the coins will die little by little until there is no interest, and someone will do something to trade in coins.


Title: Re: Shitcoin games in exchanges
Post by: uneng on April 02, 2024, 10:44:40 PM
So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
Well, when you buy those shitcoins you are taking high risks which are compatible to the potential profit you might make with them, since you talked about 300%-500% and even 20.000%. Therefore, you can expect it's not an easy thing to do, or even something sustainable to keep doing on long run in order to increase your portfolio. Better to stick to solid cryptocurrencies which won't be delisted from exchanges, even though they don't have the same profitability potential of shitcoins. And if you are still willing to be greedy, make sure to use only small sums of money to acquire those shitcoins, as you were gambling with your money, and not exactly investing it. After all, these shitcoins can't even be considered investments due to the lack of fundamentals behind them!

But who knows... Maybe you can be really lucky to turn few bucks of dollar into few hundreds of even thousands if you pick the right shitcoin on the right moment, before it's too late and it starts being dumped by the speculators or delisted from the exchange. In every cases, your profile of investor will determine if it's going to be a good deal for you or not. For conservative investors it's definitely not, but for risk takers, it might be an option.


Title: Re: Shitcoin games in exchanges
Post by: Volimack on April 02, 2024, 11:25:00 PM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
Shitcoins never give good guarantee to exchange they perform very well to increase customers in the beginning but when the number of people increases then they are the main target for scamming. These shitcoins should not be trusted at all. They are never life changing and money and time should not be spent on them.


Title: Re: Shitcoin games in exchanges
Post by: sekalitas on April 03, 2024, 07:11:13 AM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

Actually, I'm also amazed to see coins pump thousands of percent. Those rising green numbers definitely create a sense of excitement! However, playing with shitcoins in these situations is extremely high-risk. It's even riskier than investing in new but legitimate projects. You're right – most people end up losing because it requires lightning-fast reactions and perfect timing to sell out before the dump. If you're even slightly too late and buy near the peak, it can be a terrible experience for both your wallet and your nerves


Title: Re: Shitcoin games in exchanges
Post by: justdimin on April 05, 2024, 07:10:52 AM
Actually, I'm also amazed to see coins pump thousands of percent. Those rising green numbers definitely create a sense of excitement! However, playing with shitcoins in these situations is extremely high-risk. It's even riskier than investing in new but legitimate projects. You're right – most people end up losing because it requires lightning-fast reactions and perfect timing to sell out before the dump. If you're even slightly too late and buy near the peak, it can be a terrible experience for both your wallet and your nerves
Yeah, things that go up that much do not look realistic to me and look dangerous. I would not want to be in there, at least afterwards because if anything I own ever goes up 1000% or more, I am selling it and not staying one more day, even if it is bitcoin. First of all, things shouldn't be going up that much if it has a decent marketcap, it probably has a very small one to  be able to go up that much and that is why I think it's unlikely that we will see anything crazy like that anywhere anyway.

We should also consider making something better, and for that to work well, we need to remember that we are not going to end up with a situation that will change things one way or another, no need to take that kind of risk.


Title: Re: Shitcoin games in exchanges
Post by: JeffBrad12 on April 05, 2024, 08:50:59 AM
It’s not just about MEXC, it’s the same with Binance and other platforms. And my believe is that they have a listing price, so when the coin starts trading, people start selling at a way higher price and people will be buying off as well so it easily flies to a higher amount. I don’t get moved by those price increases (I used to), because they can be misleading. If you want to invest, the best time is the presale.
indeed they often flies so high when first minute of listing its almost unbelievable, but later on it whether it gonna dump or pump totally depends on the coin itself but most of the time if it get listed in binance it gonna pumps even though we don't know the rough estimation but it indeed pumps.
but it does have effect to their overall reputation from my opinion many people are calling out these big exchange to be shady in their listing because they often list new emerging meme coin that reached billions of trading volume just for the sake of profitting off of it which by many people depicted as some kind of shady, so thats why some of the bigger exchange aren't so eager to list meme coin but the lower reputed exchange are definitely wasting no time in listing these meme coin.
personally i have no problem with it but some people that speculate in it need to know the risk before hand so they won't get misled.


Title: Re: Shitcoin games in exchanges
Post by: Bitco55 on April 05, 2024, 01:53:56 PM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will lose more than gaining

According to the topic, " shitcoin games" I thought you were implying that exchanges had games people play in order to get shitcoins for free, and I was literally about to ask what exchanges do that. Anyways, in these games  :D, they only care about their earnings and their interests most of the time. I can imagine buying an overpriced shitcoin only to lose your money in the end. That's really one one the saddest things, lol. But I think, if you know the movement of these shitcoins, and you really want to earn from them. I'd say you buy them the moment they're enlisted, watch their value increase over whatever % they would, and then you sell them off at whatever point you feel like you've collected more than you invested. That's of course, before they are delisted.


Title: Re: Shitcoin games in exchanges
Post by: oktana on April 05, 2024, 10:46:26 PM
It’s not just about MEXC, it’s the same with Binance and other platforms. And my believe is that they have a listing price, so when the coin starts trading, people start selling at a way higher price and people will be buying off as well so it easily flies to a higher amount. I don’t get moved by those price increases (I used to), because they can be misleading. If you want to invest, the best time is the presale.
indeed they often flies so high when first minute of listing its almost unbelievable, but later on it whether it gonna dump or pump totally depends on the coin itself but most of the time if it get listed in binance it gonna pumps even though we don't know the rough estimation but it indeed pumps.
but it does have effect to their overall reputation from my opinion many people are calling out these big exchange to be shady in their listing because they often list new emerging meme coin that reached billions of trading volume just for the sake of profitting off of it which by many people depicted as some kind of shady, so thats why some of the bigger exchange aren't so eager to list meme coin but the lower reputed exchange are definitely wasting no time in listing these meme coin.
personally i have no problem with it but some people that speculate in it need to know the risk before hand so they won't get misled.

Maybe it’s the timing of when I check the newly listed coins, but from what I’ve always seen, it doesn’t pump after listing. Just a slight increase and sometimes decrease. The very high percentage we see is usually created at the instance the coin is listed, as though it was predefined. I really don’t care what their reputation is; I just know what investment I shouldn’t put my foot.


Title: Re: Shitcoin games in exchanges
Post by: fullhdpixel on April 07, 2024, 06:18:33 PM
Don't bet on them, they're only profitable to those inside the pump and dump circle of that group, you're wasting your money investing in those shitcoins that you're saying because they're not going to go back up again.
Some investors still invest on altcoins that are pumping even if it is already at its peak thinking that it is still going to back up and then suddenly they get rug pulled. That is why it is really not advisable for people to invest in altcoins for the long term. Instead bitcoin should be the only one or at least the primary coin to invest in for the long term.
That is done because of a lack of knowledge and experience because a knowledgeable and experienced trader wouldn't FOMO and invest in a cryptocurrency that is already extremely high and it can be seen from the chart. So it's mostly newbie investors and traders who invest in projects at such points only to become exit liquidity for earlier buyers who are now selling their coins or tokens to secure their profits.

Pump-and-dump tokens and coins can be profitable but only if you can catch them when they are pumping so that you can buy and then dump your coins when you see it has become a bit stable after going up so that you don't lose your profit. It all requires experience and a newbie can barely execute such trades.


Title: Re: Shitcoin games in exchanges
Post by: Silberman on April 12, 2024, 08:07:42 AM
That is done because of a lack of knowledge and experience because a knowledgeable and experienced trader wouldn't FOMO and invest in a cryptocurrency that is already extremely high and it can be seen from the chart. So it's mostly newbie investors and traders who invest in projects at such points only to become exit liquidity for earlier buyers who are now selling their coins or tokens to secure their profits.

Pump-and-dump tokens and coins can be profitable but only if you can catch them when they are pumping so that you can buy and then dump your coins when you see it has become a bit stable after going up so that you don't lose your profit. It all requires experience and a newbie can barely execute such trades.
And since this is really hard to do, any reasonable investor should do well to remain away from shitcoins no matter what, as even if I can understand the appeal those coins may have to some investors, they are just seeing what they want to see, as the majority of those that invest in those coins rarely do well, so it is better to take a safer approach when it comes to investing, since in this way even if it will take you longer to reach the profits you want for yourself, at least the chances of reaching them are relatively high.


Title: Re: Shitcoin games in exchanges
Post by: justdimin on April 13, 2024, 08:41:31 AM
That is done because of a lack of knowledge and experience because a knowledgeable and experienced trader wouldn't FOMO and invest in a cryptocurrency that is already extremely high and it can be seen from the chart. So it's mostly newbie investors and traders who invest in projects at such points only to become exit liquidity for earlier buyers who are now selling their coins or tokens to secure their profits.

Pump-and-dump tokens and coins can be profitable but only if you can catch them when they are pumping so that you can buy and then dump your coins when you see it has become a bit stable after going up so that you don't lose your profit. It all requires experience and a newbie can barely execute such trades.
And since this is really hard to do, any reasonable investor should do well to remain away from shitcoins no matter what, as even if I can understand the appeal those coins may have to some investors, they are just seeing what they want to see, as the majority of those that invest in those coins rarely do well, so it is better to take a safer approach when it comes to investing, since in this way even if it will take you longer to reach the profits you want for yourself, at least the chances of reaching them are relatively high.
Most investors find it harder to stay away from shit coins because they tend to follow profits wherever they can get them from, and we know shitcoins and meme coins tend to provide huge returns in some cases, and every investor wants to experience that somehow no matter how much money they need to waste on them because if you are investing in every single shit coin for the hope of getting huge returns, you will surely lose a lot of money in that process.

Such traders and investors need to understand that if they accumulate the sums they are investing in each shit coin and invest it in a proper cryptocurrency, they will at least get some good returns if that manages to go up and at least their money will be on the safer side.


Title: Re: Shitcoin games in exchanges
Post by: pinggoki on April 13, 2024, 09:13:00 AM
~
Some investors still invest on altcoins that are pumping even if it is already at its peak thinking that it is still going to back up and then suddenly they get rug pulled. That is why it is really not advisable for people to invest in altcoins for the long term. Instead bitcoin should be the only one or at least the primary coin to invest in for the long term.
Exactly, this is the thing that we all should avoid from happening to us, that's why it's not advisable to invest in them during their peak, that's basically FOMO too because you thought that you investing in it is going to make any difference just because it's pumping and then the rugpull happens. Most shitcoins don't last long in exchanges I think, especially in CEX, they don't even get listed if it's not a good coin and the potential that it has as a profit maker is nil, they don't get listed. I agree that bitcoin should be the only one that we should focus ourselves when it comes to investing but we got to remember that there's going to be times that it's not a bad idea to invest in other altcoins because some of them might make you more than what your profit when you just hodl and wait for the big price pump in bitcoin. Learn to diversify when you're comfortably hodling on to your bitcoins.


Title: Re: Shitcoin games in exchanges
Post by: dansus021 on April 13, 2024, 09:45:37 AM
Yep and you already know the risk about shitcoin game some coin can make u rich in a second but of course some coin can make.u ded in a second too. Listed on centralized exchange is always be taste good but.not all cex and not all coin can pump coin in early game so yeah be careful guys always do dyor or cry layer


Title: Re: Shitcoin games in exchanges
Post by: JeffBrad12 on April 13, 2024, 11:55:12 AM
Yep and you already know the risk about shitcoin game some coin can make u rich in a second but of course some coin can make.u ded in a second too. Listed on centralized exchange is always be taste good but.not all cex and not all coin can pump coin in early game so yeah be careful guys always do dyor or cry layer
the one thing about shitcoin that might be a turn off whenever they get listed to some popular exchange, basically whenever a shitcoin is getting listed in a popular exchange it only means finish line for them, expect there to be less and less hypes about the coin itself, their ultimate purpose is just to grow the market cap and trading volume as well as getting listed to the popular exchange for the sake of realising the first and second purpose thats it with shitcoin.
whenever i see one shit coin getting listed in these big exchanges, they just tanked after few weeks if not months, not really a good investment if you ask me only worth following when the hypes are there and we can follow along but after that its just gonna be a game where the ones that cashed out earlier gonna get all the profit the one that buys at peak just gonna become exit liquidity.


Title: Re: Shitcoin games in exchanges
Post by: Marykeller on April 13, 2024, 12:36:49 PM
Every exchange has the amount they charge for a coin to be listed on their exchange. However, if a particular coin that is regarded as a shitcoin can afford the pay, what makes you think they won't allow such a coin to be listed on their exchange since they can afford to pay for the listing.

Exchanges are not to be blamed on the basics of them allowing shitcoin to be listed on their exchange, you know why? Because you as an investor have to DYOR before investing in any project and by the way, they are doing their business to list a project to you, you are not forced or convinced to invest in any. You invest at your own free will


Title: Re: Shitcoin games in exchanges
Post by: Tahid12 on April 13, 2024, 11:23:08 PM
These are kind of scam and i already aware about it. Honestly, as a investor i also tired to make entry on such shit game. But as you explained, it doesn't allow outsider to buy altcoins at low price. Value bump within seconds. And buyer who buy those shitcoin later on high price, become victim of scam. So i just leave this after understanding this shit theory. Even i open mexc and today i saw a shitcoin pumped many thousands of time and i just laughed seeing this situation.


Title: Re: Shitcoin games in exchanges
Post by: vs2014 on April 14, 2024, 06:47:18 PM
Of course these shitcoin scams will never end so as an investor strengthen your research so that you can easily understand shitcoin scams. Then there is the pump that is often used to attract more new traders to jump in and run the campaign. Most of the new investors are getting caught up in these shitcoin scams due to which their confidence in investing is diminishing. There are many bad exchanges that help to pump all these shitcoins, so you have to choose the best one when using an exchange.


Title: Re: Shitcoin games in exchanges
Post by: nurilham on April 14, 2024, 08:37:36 PM
These are kind of scam and i already aware about it.
We all probably realize it, but some of us get benefits from this scam way. People who understand it, they know how to earn money from this scam way. Not everyone got scammed, some even got money.

Honestly, as a investor i also tired to make entry on such shit game.
If you are tired, you don't need to join it. You can buy top coins who already exist a long time in crypto world.

Value bump within seconds. And buyer who buy those shitcoin later on high price, become victim of scam.
Yes, it skyrockets in seconds or in minutes when it is listed for the first time. People who know it well, they will directly sell the shitcoins at this time.
Sadly people who don't know it, they buy the shitcoins and expect to hold few days. But in fact, they are trapped on the scam coins.

So i just leave this after understanding this shit theory. Even i open mexc and today i saw a shitcoin pumped many thousands of time and i just laughed seeing this situation.
It is the right decision. If you think it is annoying, just leave the exchange. Then, you will never see it again.



Title: Re: Shitcoin games in exchanges
Post by: Mehedi72 on April 14, 2024, 09:45:45 PM
I like Mexc exchange for liquidity and trading even it still doesn't required kyc verification for deposit and withdrawing fund. But mexc becoming shit exchange as it continuesly listing fake altcoins/scam altcoins daily for some money. I suggest, not to take part in these games. Cause i found most of the people lost their money who risk their fund in these games for become rich. And after a certain time, they delete their telegram Twitter and others social midea account and then again create new shitcoin for this games cause scammers knows, people will never stop investing on shitcoin for rich


Title: Re: Shitcoin games in exchanges
Post by: Vincom on April 15, 2024, 12:06:17 AM
I like Mexc exchange for liquidity and trading even it still doesn't required kyc verification for deposit and withdrawing fund. But mexc becoming shit exchange as it continuesly listing fake altcoins/scam altcoins daily for some money. I suggest, not to take part in these games. Cause i found most of the people lost their money who risk their fund in these games for become rich. And after a certain time, they delete their telegram Twitter and others social midea account and then again create new shitcoin for this games cause scammers knows, people will never stop investing on shitcoin for rich
I'm not sure if this is a bug or a feature in MEXC's business plan. Many tokens are listed easily, then they are also delisted quickly, they bring profits to some people and losses to many more. I don't use MEXC or small CEXs, I don't trust them and because there are many more reputable CEXs in the market for me to choose from.

Many people like to invest in new coins with a market cap of less than 1M USD and hope that they will increase in price quickly in the short term. This is a normal desire, but we should only participate with a few dozen USD and be prepared to lose them if the market moves in a negative direction. Psychological preparation will not create discomfort when losing money due to shitcoins.


Title: Re: Shitcoin games in exchanges
Post by: AVE5 on April 15, 2024, 06:09:22 AM
It should be clearly self determined and understood to denote what you're chasing for on your Crypto investment. Are you desperate in chasing quick profits and doesn't care about the high risks involved or are you Patient enough to invest on slow and steady crypto Coins with reliances of minimal risks to lost of your funds?
Sometimes we're just being delegated to be overwhelmed by some specific things we know that could harm our emotions during when how it's programed is activated.
Most MemeCoins are shitcoins as that which is most about the games of luck. You could only survive to an extend Investing in the memcoins when you omit the level of greeds because at some points, the hyping in the Memcoins wouldn't let you pullout to secure your funds instead you would confidently seated and relaxed like you Invested in a reputable Coin.


Title: Re: Shitcoin games in exchanges
Post by: Kelward on April 15, 2024, 02:14:15 PM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
This is scam to the next level, wolves coming in sheep clothes, scamming investors through a legit means, this is why everybody that is coming into the crypto space shouldn't rush, but take some time to gain knowledge about how the system works. Newbies should just stick with Bitcoin investment, then gradually begin to learn how to navigate the scam infested waters of altcoins, so they won't fall for these project hypes and invest greedily, in the end they'll loose all their funds. I've learnt the lesson that projects being listed on reputable exchanges doesn't mean that it won't end up being a scam.


Title: Re: Shitcoin games in exchanges
Post by: Belarge on April 16, 2024, 05:50:03 AM
Of course these shitcoin scams will never end so as an investor strengthen your research so that you can easily understand shitcoin scams. Then there is the pump that is often used to attract more new traders to jump in and run the campaign. Most of the new investors are getting caught up in these shitcoin scams due to which their confidence in investing is diminishing. There are many bad exchanges that help to pump all these shitcoins, so you have to choose the best one when using an exchange.
We should always have the best section to invest and not roughly missing out on these opportunities. Shitcoins are in existence for the purpose to liquidate investors that don't have a solid plan and always following the trends which doesn't help at the end of the day. Exchanges are available and there's enough time for these investors to grab significant amounts in the system. Investors have sights for good projects but it doesn't call out for them to start messing around because the market comes with a whole lot of surprises.


Title: Re: Shitcoin games in exchanges
Post by: avikz on April 16, 2024, 06:14:00 AM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

That's the game, mate!

Shitcoins are here to make money for their owner and not for their users. 99% of the shitcoins die an untimely death when the coin owner sells off their holdings and goes away with millions of dollars living a life of luxury. While common investors loose money investing in those shitcoins. The ponzi scammers are now very active in this field and they have shifted rom HYIP businesses to the shitcoin business.

I don't understand why people still invest in such coins when you have Bitcoin, ETH etc. Why don't people recognize the actual opportunities of making money!


Title: Re: Shitcoin games in exchanges
Post by: Mate2237 on April 16, 2024, 08:48:28 AM
These are kind of scam and i already aware about it. Honestly, as a investor i also tired to make entry on such shit game. But as you explained, it doesn't allow outsider to buy altcoins at low price. Value bump within seconds. And buyer who buy those shitcoin later on high price, become victim of scam. So i just leave this after understanding this shit theory. Even i open mexc and today i saw a shitcoin pumped many thousands of time and i just laughed seeing this situation.
As they said, experience is the best teacher. And now you have gotten the theory behind the shitcoin game. Before you even invest in shitcoins you have to consider some factors which should be slow in movement. If you are waiting to invest in memecoins at the dip then you should also remember that before it will go up for you to see your money back it will take some years so when you are investing.in altcoins then you have to put that at the back of your mind. Short term investment plan for altcoins and from the way I am seeing the movement, they will disappoint you.

If you fail to understand the game then you will be at the losing side.


Title: Re: Shitcoin games in exchanges
Post by: terrific on April 16, 2024, 09:48:26 AM
So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
Money there is fast, fast in gaining and as well as losing. You choose your shitcoin games there and when you see that chance of selling and you've gained a lot.
Don't take too long for you to take that money before the market reacts as the major game there is also about speed. If you aren't quick enough to take profits, that gains you already have can decrease.


Title: Re: Shitcoin games in exchanges
Post by: EarnOnVictor on April 16, 2024, 11:28:36 AM
-snip-
So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
This is not peculiar to shitcoins, because, by the definition of shitcoins, I believe they are referred to as worthless coins, unlike the way people make many good coins look like shitcoins. However, what you explained is happening on all coin listings on exchanges, it is artificial, so it could happen on the listing of good coins as well where the coin on the exchanges' chart would indicate some dangerous peaks and bottoms.

Well, I am happy to tell you that you should disregard those peaks and bottoms, they are not real. I've witnessed Binance and top exchanges listing coins and tokens with dangerous bullish and bearish performances that are nonexistent. All you should take seriously in this regard is the present price of the coin/token and the current behaviours which I advice you to study for a long period before making a decision on the coin/token.

More importantly, it is good to research the projects effectively to know whether to buy them or not, and not rely on the nonsense chart representation on exchange platforms that has been inflated and deflated with no good explanation for it.


Title: Re: Shitcoin games in exchanges
Post by: jrrsparkles on April 16, 2024, 03:42:05 PM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

Exchanges don't list and delist any coin/token in seconds but they do all other activities to hype a project or they are the one who is creating the fake trade orders to increase the price of particular project, when actual investors buy them for the hyped price then they will dump them or create no sell orders for that price and let us hang dry with useless tokens.


Title: Re: Shitcoin games in exchanges
Post by: Oneandpure on April 16, 2024, 04:48:19 PM
For MXC exchange easily for listing many shit or meme coins every day, but you need to see their announcement firstly which one of network meme coins will listing or MEXC and then prepare buy at Dapp exchange before listing on CEX. I don't think worth if you buy after listing on MEXC exchange because price drastically pump more than thousand percent, usually have space left around few days or few hours after announcement before listing on the market.
Its moment to buy first time announcing by MEXC with shits coin will list on their market, too risk buy on the early moment of listing with potential price have drop drastically but if you can trader most faster its not bad ideas to buy around coins have listed on market.
When active arbitrage with bscan meme coins, I buy on dapp before listing on MEXC exchange, then deposit to exchange with more higher price than Dapp.


Title: Re: Shitcoin games in exchanges
Post by: Justin999 on April 18, 2024, 11:31:54 PM
Except top exchanges, rest of Most of exchanges will list your project even shitcoins if you give them money. Exchange really doesn't care about users. But i think, its upto you whatever you wanna trade with shit or not. If you are become greedy for your profit, you start trade with these coins even after knowing them scam/risky, then what can anyone do? The best deal is, ignore those shit for your own welfare. But it also true that, such shit game should be stopped.


Title: Re: Shitcoin games in exchanges
Post by: bettercrypto on April 19, 2024, 02:12:28 AM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining

For that matter, I don't think that happens only in Mexico; rather, other exchanges often do that, to be honest. So that's not new. Although traders who use an exchange still need to be careful, You should still make your own way to find out if it is legitimate and if it really has potential.

Now I was just curious about what you said: there was a 13000% and 1800% increase in the shit coins you are talking about. Can you identify here the coins that increased by that percentage? Yes, I know that many coins in MEXC rallied really hard, but I don't see the increase of such a percentage in MEXC.


Title: Re: Shitcoin games in exchanges
Post by: tengui on April 19, 2024, 04:53:21 AM
I think this doesn't only apply to shit coins because altcoins with utilities or large projects that have just listed are also experiencing the same thing. we call it a "flash pump", and this happens perhaps because of the hype that caused many people to buy at the start of the listing or perhaps because of the liquidity the team provides.


Title: Re: Shitcoin games in exchanges
Post by: JeffBrad12 on April 19, 2024, 10:15:20 AM
I think this doesn't only apply to shit coins because altcoins with utilities or large projects that have just listed are also experiencing the same thing. we call it a "flash pump", and this happens perhaps because of the hype that caused many people to buy at the start of the listing or perhaps because of the liquidity the team provides.
flash pump happens to every coin that are just newly listed, the volatility attracts people and is also exactly what most of trader are seeking anyway.
but with meme coin usually the massive volatility already happened in dex before exchange listing but still could affect the price volatility though if the listing coming from big exchange such as binance.
what people concerned though these shit coin are being labeled a shit coin for a reason and usually meme coin just fall under the same category.
the flash pump itself isn't controversial we all know whatever coin binance is listing usually pumps at the first listing if they are good enough, but the meme coin on its own come out as some hard speculation that some people aren't really comfortable with the fact that some big exchange which supposedly depicted as the most legitimate listing meme coin.


Title: Re: Shitcoin games in exchanges
Post by: yazher on April 19, 2024, 10:46:30 AM
Of course, there are some shitcoins listed in exchanges because they need to be listed there so that they will be able to fool their victims but most of the trusted exchanges have some major issues against shitcoins and they cannot just simply list their coins there. they need to undergo lots of steps and they also need to fulfill requirements so that they are clean and investors won't have any doubt when they want to buy those altcoins but when they are not active anymore and they find out something fishy with any altcoins they listed, they quickly remove it and warn their users against it.


Title: Re: Shitcoin games in exchanges
Post by: Rabbitqt on April 19, 2024, 11:38:44 AM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
It's true that some exchanges list questionable coins mainly for profit, only to delist them later. Take MEXC Exchange as an example; I've seen coins skyrocket by ridiculous percentages, like 18,000%. I've even tried investing in new altcoins, but found they often pump by 300-500% within seconds.

I once bought an overpriced coin that shot up by over 20,000%. The team behind it hyped it up even more, attracting more investors. But eventually, they dumped their shares and disappeared.

So, it's crucial to be cautious with these "shitcoin" games. While you might make a lot of money, the risks are high, and many end up losing more than they gain.


Title: Re: Shitcoin games in exchanges
Post by: Fredomago on April 19, 2024, 12:19:01 PM
Of course, there are some shitcoins listed in exchanges because they need to be listed there so that they will be able to fool their victims but most of the trusted exchanges have some major issues against shitcoins and they cannot just simply list their coins there. they need to undergo lots of steps and they also need to fulfill requirements so that they are clean and investors won't have any doubt when they want to buy those altcoins but when they are not active anymore and they find out something fishy with any altcoins they listed, they quickly remove it and warn their users against it.

Exchange is also a business so for sure they will allow this as long as the team behind will manage to provide all the requirements that being ask from them, more on the money side and if that kind of shit coin will bring new investors then why not in adding them, as mentioned, there are requirements and if the project manager or the team behind the project can complete that and can maintain whatever the deal inside the exchange then for sure they will continue to be traded but if not then expect them to be delisted and most of shit coins only last short term since they are design to make money and if there's nothing left then they will just die naturally resulting to be remove and replace by another project.


Title: Re: Shitcoin games in exchanges
Post by: peter0425 on April 19, 2024, 02:58:18 PM
Except top exchanges, rest of Most of exchanges will list your project even shitcoins if you give them money.

Obviously new and upcoming exchanges are gonna need more funding than top exchanges do. So they will get any money they can get. I mean even top exchanges gather sponsors to get the money required for development and improvement of their software.

But since top exchanges will not easily fold over little money they are seen as more credible but in the end money is always the king that can order anyone around.


Title: Re: Shitcoin games in exchanges
Post by: Ben Barubal on April 19, 2024, 03:26:07 PM
     Is there an exchange today that doesn't have shitcoins? Isn't it true that even Binance also has shitcoins listed on them and if the weekly target quota is not met and the coins are immediately delisted, right?

     So, that just means, even if a crypto is shitcoins, if it passes the criteria of any exchange, even if it's like binance, it can still enter because the exchange will make money there for sure.


Title: Re: Shitcoin games in exchanges
Post by: Belarge on April 19, 2024, 10:44:11 PM
     Is there an exchange today that doesn't have shitcoins? Isn't it true that even Binance also has shitcoins listed on them and if the weekly target quota is not met and the coins are immediately delisted, right?

     So, that just means, even if a crypto is shitcoins, if it passes the criteria of any exchange, even if it's like binance, it can still enter because the exchange will make money there for sure.
Always strive for excellence this season. Sometime we just need to be careful and understand the system because the slightest mistakes will issued huge spending either below or above our capacity. These exchanges will always be here for these crypto projects, the comprises of the memecoins and shitcoins, they're one of the rapid projects that make huge profitsShitcoins are everywhere and we should be keeping listening ears regarding the huge problem behind us.


Title: Re: Shitcoin games in exchanges
Post by: Silberman on April 23, 2024, 06:58:21 AM
     Is there an exchange today that doesn't have shitcoins? Isn't it true that even Binance also has shitcoins listed on them and if the weekly target quota is not met and the coins are immediately delisted, right?

     So, that just means, even if a crypto is shitcoins, if it passes the criteria of any exchange, even if it's like binance, it can still enter because the exchange will make money there for sure.
Exchanges like any other business want to increase the profits they can get from their clients, and if  they need to list and even promote shitcoins, that is what they will do, it is up to each person to realize what is happening and understand that by investing in those coins they are helping the developers of that coin and the exchange owners, while they become the losers which have to shoulder all the negative outcomes, making investing in those coins very unattractive to me.


Title: Re: Shitcoin games in exchanges
Post by: andyou1234 on April 23, 2024, 05:48:27 PM
I think that even though shitcoins have been listed on the exchange, they cannot be free and cannot develop optimally because of course users will not choose random tokens to invest in unless just for trial, I see those who really want to invest in crypto will choose altcoin that is at the top of the cmc ranking, because it has high productivity so it can provide profits in the future.


Title: Re: Shitcoin games in exchanges
Post by: Nazmul012 on May 01, 2024, 08:09:35 PM
Such shitcoin games will be found in many platform especially less popular platform. Because good platform won't allow such shitcoin for their users. As because wr are experienced enough, we can figure this out but the situation won't be same with new comers who will easily fall in trap and loss their capital. That's why it is very important to take a step carefully in crypto industry. Wrong move could be responsible for your huge loss..


Title: Re: Shitcoin games in exchanges
Post by: Mate2237 on May 01, 2024, 08:32:11 PM
     Is there an exchange today that doesn't have shitcoins? Isn't it true that even Binance also has shitcoins listed on them and if the weekly target quota is not met and the coins are immediately delisted, right?

     So, that just means, even if a crypto is shitcoins, if it passes the criteria of any exchange, even if it's like binance, it can still enter because the exchange will make money there for sure.
Exchanges like any other business want to increase the profits they can get from their clients, and if  they need to list and even promote shitcoins, that is what they will do, it is up to each person to realize what is happening and understand that by investing in those coins they are helping the developers of that coin and the exchange owners, while they become the losers which have to shoulder all the negative outcomes, making investing in those coins very unattractive to me.

In most times those are plan or agreement between the project owners and the exchanges. The project owners would pay the exchange to list the new projects and the owners would pumped money inside the project to attract people and those who are eager to make money would think that there is money in the new projects which has been listed in the exchange with market cap of $30 billions and because of that people would invest in it and when the time has reached foe the exchange to remove the coins from the exchange because the payment time has elapsed then they'll delist it.

And all those people that invested in it would lost their money so we should not be deceived by the shitcoins methods to attract people themselves through self sponsored projects.


Title: Re: Shitcoin games in exchanges
Post by: lalabotax on May 01, 2024, 09:35:36 PM
That's something we often see. When there are mixed coin listings, the increase will certainly be very high and will increase in a very short time. In fact, we are often surprised when suddenly there are top gainers with an increase of hundreds of percentages in just one month. and that is a coin or token that has just been listed.

But be careful with games like this because we won't even be guaranteed how long this increase will occur and last. It could be that this is only temporary and in the end you will be able to really understand which coins or tokens you should take advantage of and which ones you shouldn't as well as the right timing to do it, because this is much riskier.


Title: Re: Shitcoin games in exchanges
Post by: Ben Barubal on May 01, 2024, 11:11:08 PM
     All exchanges do such gimmick even if this exchange is on the top list in the market in reality. And I think it's normal for them because business is business.

     As long as they meet their criteria, they can include it in the list of their exchange on the platform for traders to buy, it's just that simple to do, if the quota is not met in a week delist and when the quota is exceeded it will remain in the exchange is that simple.


Title: Re: Shitcoin games in exchanges
Post by: danherbias07 on May 01, 2024, 11:52:56 PM
You could join in taking advantage of them if you are good at monitoring the exchange. That's if they will let you sell all your shitcoins just like that.
Do check if there are buying powers too. Some altcoins do go up to x1000 but there are no buying orders. So there's no sense in buying these shitcoins if no one is trying to buy it back. You will just be a victim of the pump and dump which I think has happened to me a lot of times in the past. I thought I could take advantage of it but if you are just a trader who randomly checks your account, it will be difficult to make money out of it.
It will be better to just avoid them because there's a really low amount of altcoins out there that could be pumped in a shocking percentage just like how it was before. Those times are over.


Title: Re: Shitcoin games in exchanges
Post by: Canva2020 on May 02, 2024, 02:44:40 AM
As long as there are people out there who are going through the risk, then I have to stay, because you have to focus on the market situation, you might have invested some money in an exchange and then the exchange might dump, you feel attracted to invest in an exchange in altcoins. Doing so, I think you will be taking a risk by investing in all these exchanges.


Title: Re: Shitcoin games in exchanges
Post by: Magic-Money on May 02, 2024, 08:31:11 AM
The cryptocurrency investment game in shitcoin is a very high risky business one need to be careful before investing on shitcoin, because of the rate of dumped is high, mostly from the team behind the project wallet, which most new investors into alt-coins has no ideas, base on my experience investing on shitcoin that turns some of the assets to zero dollar, but few are successful that makes me recover from some wrong investment made. Therefore investing in shitcoin is not one hundred percent sure one need to hope on.


Title: Re: Shitcoin games in exchanges
Post by: Justin999 on May 02, 2024, 07:56:18 PM
Except top exchanges, rest of Most of exchanges will list your project even shitcoins if you give them money.
Obviously new and upcoming exchanges are gonna need more funding than top exchanges do. So they will get any money they can get. I mean even top exchanges gather sponsors to get the money required for development and improvement of their software.
That's damn true. That's why i notice many altcoins listing on some exchanges that i haven't heard about. Even i also doubt about their service and withdrawal process. Besides lack of liquidity also make me out of these exchanges. Besides it sad that, not best exchanges but many good exchanges also doing such shit listing because of money! Yeah, money is king at the end. But thus many people end up their whole balance due to such shit listing gaming policy.


Title: Re: Shitcoin games in exchanges
Post by: btc78 on May 02, 2024, 08:07:46 PM
But thus many people end up their whole balance due to such shit listing gaming policy.
The amount of projects no matter how useless being listed might not drive away as much clients as people think. Personally I would not mind if an exchange is listing a coin that isn’t of quality as long as they are providing good services and benefits. It’s so hard to find a good exchange that if they need more money to support the development of their software then so be it. Of course this comes with a price of their credibility


Title: Re: Shitcoin games in exchanges
Post by: Volimack on May 03, 2024, 02:21:31 AM
The cryptocurrency investment game in shitcoin is a very high risky business one need to be careful before investing on shitcoin, because of the rate of dumped is high, mostly from the team behind the project wallet, which most new investors into alt-coins has no ideas, base on my experience investing on shitcoin that turns some of the assets to zero dollar, but few are successful that makes me recover from some wrong investment made. Therefore investing in shitcoin is not one hundred percent sure one need to hope on.
Yeah shitcoins go up very low and most of the coins disappear from the market they have no value. One of the reasons people lose money in cryptocurrency investments is due to poor management of shit coin projects. Many crypto projects have a very weak management team because they find it difficult to succeed.


Title: Re: Shitcoin games in exchanges
Post by: X-ray on May 03, 2024, 03:55:20 AM
That's damn true. That's why i notice many altcoins listing on some exchanges that i haven't heard about. Even i also doubt about their service and withdrawal process. Besides lack of liquidity also make me out of these exchanges. Besides it sad that, not best exchanges but many good exchanges also doing such shit listing because of money!
its always the smaller exchanges out there that try to list as much meme coin as they can and whatever meme coin is trending its instantly on their listed tabs because they also want to grow the volume, if its listing a coin that are good from technicality they can get a good reputation in the long run but definitely thats a long game to increase their trading volume.
I mean imagine they are listing coin that have real products and is sought after by many people even including ventures, they can definitely list it but then they also need to compete over with the exchange that are bigger than them,
the trading volume will definitely goes to the bigger exchange which deemed to be more reliable.

if they also add some random meme coin which i guess fall short in term of reliability but have trading volume thats high anyway they can have the opportunity to be the first exchange that list such meme coin and get the trading volume centered around their platform, it has always been this way anyway.
no way the smaller company could win against big company without doing this.


Title: Re: Shitcoin games in exchanges
Post by: Silberman on May 03, 2024, 04:37:33 AM
But thus many people end up their whole balance due to such shit listing gaming policy.
The amount of projects no matter how useless being listed might not drive away as much clients as people think. Personally I would not mind if an exchange is listing a coin that isn’t of quality as long as they are providing good services and benefits. It’s so hard to find a good exchange that if they need more money to support the development of their software then so be it. Of course this comes with a price of their credibility

If there was no demand for shitcoins, those projects would have disappeared years ago, but not only shitcoins do not disappear, we are reaching record numbers, so while I do not have any interest in those coins and I would not even accept them as a gift, there is a great deal of people out there that love them, as they see in those coins the potential to change their fate in a short amount of time, and regardless of the risk they could be taking, they will never give up on those coins.


Title: Re: Shitcoin games in exchanges
Post by: God bless u on May 03, 2024, 04:42:19 AM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
That's really stressful! These kind of coins not only destroys that market but they also effect the minds of people who are passionate about learning and earning from crypto. These needs to be stopped so that people can be saved from these type of losses.

There shouldn be proper campaigns launched by the experts once they recognise any coin that it's a shit coin. The purpose of these coins should be to educate people about them and to safeguard them from investing into these scams .


Title: Re: Shitcoin games in exchanges
Post by: Silberman on May 13, 2024, 05:51:42 PM
There Are many exchanges where exchange authority listed shitcoins only for money and later, they delist these as like responsible Exchange owner. Let's Have an example With MEXC Exchange! I saw some coins Pump from 600% to 18,000%, many coins pump more than 13000% and that's make me wonder. So i also tried to buy new listing altcoins.

But i experience that, New altcoins already pump 300-500% within seconds. Lol. Although i had opportunity to buy overpriced coin cause some coins goes more than 20000%. But i did. And later team create more hype so that more people joined with then. And after a certain time, team dump their share and run away.

So should be careful such shitcoin games. It may increase your money thousands time but i think, people will loss more than gaining
That's really stressful! These kind of coins not only destroys that market but they also effect the minds of people who are passionate about learning and earning from crypto. These needs to be stopped so that people can be saved from these type of losses.

There shouldn be proper campaigns launched by the experts once they recognise any coin that it's a shit coin. The purpose of these coins should be to educate people about them and to safeguard them from investing into these scams .
You have good intentions but this is not possible, people want to get rich quickly, and scammers are willing to provide the illusion this is possible, so there is a huge demand for those coins and the scammers are willing to supply it, as even if the majority of those coins never pump, there are a minority of those that do, allowing some speculators to get huge profits, a thing that only encourages others to do the same and invest all their money away in one of those coins.