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Author Topic: Any clue why whales are pumping shit coins at DEX?  (Read 1032 times)
dunfida
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December 05, 2020, 08:46:22 PM
 #101

Since at DEX i found it simpler to pump than on CEX, for example projects on uniswap can be pumped to x10 x20, and the problem are they doing for a big dump i think but coin There are small supply will be the shark choose to pump.
The whales will not always choose the coin with small supply to pump it, the whales are pumping based on the news that has come before.
Did you see that a lot of big coins were pumped? That means the whales are also seeing the fundamental of coins to did a pump.
Dex is having small liquidity and it's very easy to pump it. You must know that there's also a big gap between sell and buy orders. that makes the whales can use the spread to pump the coin.

They wont really pumping up something without any reason because even if theyre whales then such actions would really still need some consideration on why
they would really be making such step and of course they will be always aiming for their own benefit on risking out to pump a certain coin which they do sees that
people will be hooked up to have some that fomo feeling and when it raises up even more due to that bullish drive then they would really be releasing of their
bags later on and such step is really that worth since they do able to make money.
With DEX then its understandable with those big gains or multipliers yet liquidity isnt really that high which you can really easily pump out a certain
coin.

Lorokan
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December 05, 2020, 09:00:15 PM
 #102

As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning?  If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?

Not everyone can easily make 100x pumps on dexes; decentralized or centralized exchanges, you can make profits anywhere; but as a newbie trader or professional trader; why would you buy the bull? the green candles ? and also; you need to learn that it is not all bearish token that can be purchased; 80% bearish altcoins on dexes ends up delisted without volume; be resourceful and do your own research
gamer4156
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December 06, 2020, 04:55:22 AM
 #103

I believe it's simply a typical value control perhaps the devs are attempting to keep their coin alive by siphoning their own coin in light of the fact that the vast majority of the coin in dex have low volume in any case. I need to consider that the altcoins could clutch their cost as bitcoin siphons and could dump however reaction of brokers seems as though they split there interest into altcoin and bitcoin than in a year ago bear market when all venture is into bitcoin.
fullhdpixel
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December 07, 2020, 06:35:03 PM
 #104

I doubt that it is regarding any sort of speculation or manipulation situation because dumping your coins on a dex is not really a sure fire way to make money, it doesn't really provide anyone with any path to profiting. Think about it this way, if I sold all of my wrapped crypto kitties right now, how would that really help me?

How would that really profit me in the long run in a secret agenda? There is no way that could happen, and considering it is more expensive to even sell my wck right now because of costs involved, I would be even losing money while selling that token. Hence I believe they are just dumping for dumping case and nothing more, they are not doing it for any secret agenda that will provide them with more profit later on because there is none that we can see.

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