The price of Mysterium (decentralized VPN project token) started increasing yesterday along with the trading volume, reaching almost +50% at the peak. It might have been just a simple pump, but I'm not quite sure about that.
First of all, the price increase and trading volumes were not that high, I would expect much more from a pump. But most importantly, everybody who is familiar with the project knows that the developers are publishing news on their progress at the end of every month. Why would someone pump a coin a bit more than a week before the development news are expected? The best time to pump would be just after the news, right?
My speculation is that it might be a pre-pump, i.e. whales filling their pockets before the actual pump, which might be planned for the end of the month when the news are expected to be published. What do you think?
I'm asking because if it is a pre-pump as I think, it might be a good time to buy now and wait for the pump.
The MYST/BTC Bittrex chart:
https://bittrex.com/Market/Index?MarketName=BTC-MYSTThis time it could breaks. Many points to what you wrote so we will see what time will bring for this, but actually this time and way how it goes can be significant when it comes to buying.
