i see nothing interesting here:
1 Stakenet (XSN) has low volume, low volume is easy to be manipulated
2 it just has low-tier exchange
3 after long bearish, then pumping, it doesnt mean good coin
To be fair, Pelunize12...
1 A sizable majority of Stakenet is locked up in staking and masternodes
2 Exchanges don't matter. Getting listed on Binance is an ill-fated goal that's good for a pump at best.
3 They are getting close to launching the product they've quietly been working on since early 2018
When I checked CMC, I found out Stakenet volume increased dramatically from $80,000 daily volume(two months ago) to $1,000,000 daily volume(these days). Afterward, I checked Coinall to see Stakenet market depth. But it is very thin, does that mean Coinall did a wash trading to pump Stakenet volume?
and seems like the same thing happened with it on Livecoin.
Coinall has been wash-trading XSN to boost their 24h volume up. If anything, they made Stakenet dump in September. Now it's finally recovering.
Mostly everyone in XSN uses Livecoin to buy because it has no KYC