Nope.That altcoin is just pumped by some crypto whales(ot it's own devs).
The Wave price movement has no correlation with all other altcoins.
Some naive newbie traders might be watching this chart and thinking "wow,let's sell all my coins in red and buy Waves".This is exactly how the whales want the newbies to think,in order to pump that altcoin price.
Sorry, I can't take your argument as valid.
It is full of fallacies.
Pumped by random Whales? where is the source?
I believe they are doing very well and the last news is a reason for organic growing.
"The Wave price movement has no correlation with all other altcoins"
The whole market is connected - we were in a bear market and everything drop
Now with a feeling of a bull market - we see a lot of grow.
"Some naive newbie traders might be watching this chart and thinking "wow,let's sell all my coins in red and buy Waves".This is exactly how the whales want the newbies to think,in order to pump that altcoin price."
If newbies are buying waves they are not so naive. How can you know what the newbies think? how you can now they are acting as you say? How do you know what the whales think?
maybe I`m wrong and you can clarify for me, please.
Yesterday we saw a countertrade from Waves against BTC. with is nice for the theory I shared.
Good day.