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March 28, 2017, 05:17:40 AM |
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because simply as i said before, it is the pumpers in the altcoin community moving from one project to another. they have pumped the biggest coins and are exiting those by dumping them. you can see ETH and Dash taking the biggest dumps.
and when these whales take their money out, they don't take it back to their banks, instead they put it in another altcoin. and while people are still waiting for ETH and Dash to go higher, other altcoins go up this much and they miss out.
p.s. it wasn't 1000+% it was 600-700%
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