Why 6000% price growth in just 24 hour on AurumCoin (AU)?

[Traderbtcc]

This is just a pump in my opinion. Just wait and stay away from this kind of coins at this time. Anyway are lot of good projects here, just need some time to find.

Never mind. The price has gone back to the original position. I'm thinking someone mistakenly put in a very high price. Which caused the price to increase exponentially. The volume was tiny so no one was able to sell their stash at that price. It'll be quite unfortunate if someone did buy at that price. I don't get involved when a coin gets too volatile. Just to be on the safe side

[kyle999]

If you look it hard to believe it but I've really done so far in the huge profits of people in this investing scheme. But only when it comes to correct coin  That's a big money you can earn.

[yunjia26]

I think it is very unreliable, just like crazy.

[Olatunjex]

When I visit the CMC site today I saw that there is a coin name called AurumCoin (AU) has huge price growth and its almost the second expensive coin of the crypto next to bitcoin I think so Why this much growth on a shit coin?Anyone noticed this?

But it looks like not enough volume to trade that coin on any exchange?

Someone is trying to manipulate people to buy the shit coin it's unbelievable for a shit coin to have such increase within 24hrs, it is also possible a pump and dump group pumped it to have such increase.

[dabenko]

Apart from the fact that it is a function of pump and dump, it is also obvious that, it is not a good time to get in, because it has over pump. Such can dump easily and those that are just buying at high price, might later sell cheaply, which means a dump.

[GmBoom]

You should consider visiting their telegram channel to know more about what happen. Because there can be some changes in the market from time to time. It can be a pump for a good news or a fake pump for manipulating purposes.

[wayaneka]

This coin only tradeable in 1 crypto exchange , just in Coinexcange so will be easy to pump and dump, avoid trade this kind of coin because you will loss alot of money and in that exchange did not provide feature of stop loss.

[libert19]

LOL! Today i check the price and its 5 USD. Very low supply and due to very low volume it's very easy to pump shit coins.

[joseyphil82]

In this kind of market situation I don't expect any coin or token to achieve 6000% in price ,I suspect this is a huge pump by some groups of manipulators, any coins or tokens that works this way I stay away from them and aurum has low supply which will be a perfect easy pump coin

[lobo13hf]

When I visit the CMC site today I saw that there is a coin name called AurumCoin (AU) has huge price growth and its almost the second expensive coin of the crypto next to bitcoin I think so Why this much growth on a shit coin?Anyone noticed this?

But it looks like not enough volume to trade that coin on any exchange?

Someone is trying to manipulate people to buy the shit coin it's unbelievable for a shit coin to have such increase within 24hrs, it is also possible a pump and dump group pumped it to have such increase.

That doesn't require a huge amount to pump the shitcoin, you can see this thing usually happen in the shitty exchange site. But it looks impossible to the pump group tried that. It has been pumping personally.
Pump group will aim the big market.

[cryptonight9631]

Be careful when making investment on it. It can be just a fake pump to attract investors and scam them. And also if proven not a scam, do not invest on a coin that has already have a big up percentage, but buy those ones that are at the lowest.

[nonbody]

When I visit the CMC site today I saw that there is a coin name called AurumCoin (AU) has huge price growth and its almost the second expensive coin of the crypto next to bitcoin I think so Why this much growth on a shit coin?Anyone noticed this?

But it looks like not enough volume to trade that coin on any exchange?

In this case, do not invest, it is likely that large investors are controlling prices and attracting novice investors.