Stay Away of this scam Coin

[fullhdpixel]

As you can see this coin has risen 600%, the coin is only listed in Crex24 which is another home of scam coin. Don't invest your money on this sick scam coin. Check the image from Crex24 too. All the order is very small which are created only to pushing the price by DEV team or a group of people. Most coin listed in Crex24 are scam mostly. Stay away. Happy trading  

And here's one of the reasons why every investor should learn to have patience. Anyone with patience wouldn't be rushing into this kind of investment, they would take their time to do proper research and even this pump and being listed on an exchange with a bad reputation has already given out as a scam. It's only people without patience, those that are looking for a fast means to make wealth are the ones that will fall for this and at the end they would be disappointed.
 
Seems like these scammers never get tired of looking for ways to deceive and scam innocent people of their hard earned money. This is why I don't rush into these kind of things, it's best to go for the top coins like Bitcoin, ether, and Litecoin and have patience till their prices goes up.

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[kolonel_x]

I'm sure people will do twice as much research before investing in a coin that already passes 600% in less than a few days.

The price yesterday was $3 or around and within 24 hours, it has increased $6 when I gave the last update. Price has now been $7 which seems the pump group was able to attract some newbie. They gonna lose for sure.

I noticed that the "Pump" scheme that was created was almost the same as the average coin that had been scam/no price at all..  captivated newbies will definitely regret it if the fake "Pump" ends.

Made so that the pump looks real but if we look at the volume I think it makes no sense and it's only $ 179 and there isn't much trading on this coin.
Crex24 becomes a place to dump coins up to the pump and then manipulated again. This often happens like this.
Beginners must be surprised to see a pump like this.

[Landak]

As you can see this coin has risen 600%, the coin is only listed in Crex24 which is another home of scam coin. Don't invest your money on this sick scam coin. Check the image from Crex24 too. All the order is very small which are created only to pushing the price by DEV team or a group of people. Most coin listed in Crex24 are scam mostly. Stay away. Happy trading  

woohooo, it looks like Dev and his team are manipulating trading volumes to make it look attractive on Coinmarketcap. the fact when looking at the market turns out that the buying and selling volumes are very low, very different from the appearance at Coinmarketcap. must be very careful in choosing altcoin to be traded.
this reminds me of Coinsbit earlier this month, the dev manipulated the volume of price trading, when people followed it suddenly dev canceled the buy order and dumped the price blindly lol. in other words the scheme as you described is similar to what i've seen and really a scam.

[isaac_clarke22]

That's kinda deceiving for me.
Those percentage in green looks like an candy in the eyes of the investors.
I don't even know that coin so I guess if I could do some research, my mind would be change and it will be the same thoughts as what the OP is trying to say.

[Vishnu.Reang]

This is just a typical shitcoin scam. In such cases, the coin will be listed in just one or two exchanges, which makes it easier for the whales to manipulate the exchange rates. Another example of such coin is IOUX. It is being traded primarily in Coinsbit. But here, Coinsbit has disabled the IOUX deposits, which means that an artificial scarcity is created for this coin. As a result, the prices have increased by 20x during the past few weeks.

[Zionatin]

So if a coin goes up by 600% it is a scam? So its bitcoin a scam? This has nothing to do with being a scam or not. You bringing no facts, all you doing is making statements. How can you say most of the coins are scams? Do you know this for sure? Why should we listen to you when your definition of a scam is so vague?

[ameliana]

woww that's terrible, i don't think that there is still altcoin that can reach very high prices. 600% is a fantastic improvement, even when I was in the cryptoqurrency industry, only this time I saw it. btw for anyone to always be careful, because a signal like this is a red flag for you.

[Ashong Salonga]

As you can see this coin has risen 600%, the coin is only listed in Crex24 which is another home of scam coin. Don't invest your money on this sick scam coin. Check the image from Crex24 too. All the order is very small which are created only to pushing the price by DEV team or a group of people. Most coin listed in Crex24 are scam mostly. Stay away. Happy trading  

By the way, this is a great signal of altcoin season. This is not a piece of financial advice.

It was already that obvious once an Altcoin have risen up its price into such an enormous rate and it was already listed on a single exchange that is known for a fail reputation. It is nice that we are already being aware of something like this and informing everyone so that the victims of such scheme of scam will be lessen or best is that no one will fall into it. We must take it as a serious matter informing everyone every single time we have notice something suspicious so that we can be able to take some action such as avoiding it so that no one will fall or be victimized by such coins specially for the sake of the newbies as well as for the safety of all of us that we can assure we are only getting into a potential and reputable coin in our portfolio.

[TopT3ns]

So if a coin goes up by 600% it is a scam? So its bitcoin a scam? This has nothing to do with being a scam or not. You bringing no facts, all you doing is making statements. How can you say most of the coins are scams? Do you know this for sure? Why should we listen to you when your definition of a scam is so vague?

I think if there is an altcoin that drives a price increase with that much percentage, you should be able to see how the trading volume is because trading volume can determine whether the coin is scam or not, make sure the selling and buying orders are very thick so that you can know it's price manipulation by the developer or not.

[Bonwin]

I am not familiar with these coins and I think it's better to invest in coins that already have a large market cap. Nowadays many coins or tokens are pump and dump and I think we must be vigilant

The market cap of a coin is not the only thing to put into consideration when choosing a coin to invest in or trade. You need to look into the 24 hours volume and go on the exchange to check the activities going on. Coin market watch sites are also not enough.
The OP already has given insights and perhaps there are other exchanges like the one that has been stated, you should be careful.

[Saisher]

I don't know about that coin but if the coin has a huge potential in the market it should create a big buzz in the community like what happen to IDENA but unfortunately people only notice it because it is being pumped big time by I suspect the management team and their cohorts so be careful on buying this token.

[Psalms23]

Well if you are lucky enough to just ride the flow, get money and get out of it timely, then its good. Its just like some ponzi schemes that as long as the scheme is not yet discovered, those who are first to invest may earn some.

[JeotQ]

Honestly I don't see any thing wrong with crex24 I've been using the exchange for a long period of time to trade mostly altcoins, its still better than idax, idex, p2pb2b exchanges with fake volumes, the cryptoverification coin is just a bad coin and need to be avoided

[matchi2011]

Well if you are lucky enough to just ride the flow, get money and get out of it timely, then its good. Its just like some ponzi schemes that as long as the scheme is not yet discovered, those who are first to invest may earn some.

Good assessment, this scam coins still exist due to those who are hoping to be compensated after buying and holding the coin, not knowing that
those early holders are the gainers and they can easily dumped the coins especially those developers who doesn't care for the future of their project
but only after with the amount of money that they can scam around.

[arwin100]

Well if you are lucky enough to just ride the flow, get money and get out of it timely, then its good. Its just like some ponzi schemes that as long as the scheme is not yet discovered, those who are first to invest may earn some.

Good assessment, this scam coins still exist due to those who are hoping to be compensated after buying and holding the coin, not knowing that
those early holders are the gainers and they can easily dumped the coins especially those developers who doesn't care for the future of their project
but only after with the amount of money that they can scam around.

That's why we need to be more vigilant for seeing those new project around and always put on our minds that it's not worth to believe in their words since most of them are scams so much better for new project if you hold some coins for certain project is to dump it whenever there is a chance to earn and just come back to stake once they establish to put their platform on one of top coins in the market.

[lobo13hf]

Well if you are lucky enough to just ride the flow, get money and get out of it timely, then its good. Its just like some ponzi schemes that as long as the scheme is not yet discovered, those who are first to invest may earn some.

That's true. it's easy to identify that. We have a bunch of trusted coins that already listed on the coinmarketcap. that's so easy just try to pick one of them and then just forget anything about to invest in the suspicious project. This is the best thing that can be done by everyone. Early investors will always be a winner.

[Doranile432]

Money can be made from pump and dump coins too pal, do not say the exchange is bad because of this, I've been using crex24 since 2017 and till date no single bad behavior from the exchange team, one of the best altcoin exchange on my list

[miklesm]

If you check CoinMarketCap 24H profit leaders, you will see tons of scam projects which are being traded on scam Exchanges with fake volume. Never invest in such project, it is one of the fastest ways to loose all your funds.

[davinchi]

Well if you are lucky enough to just ride the flow, get money and get out of it timely, then its good. Its just like some ponzi schemes that as long as the scheme is not yet discovered, those who are first to invest may earn some.

This coin has much lower buy orders so anyone with excess coins who would like to sell their coins would suddenly dump the coin unknowingly. If you hold a huge amount and wish to sell but can't sell because you can't find the volume on buy orders. In this case you would just be trapped with this coin so never to go for such coins at the initial stage itself.

We could invest smaller amounts into such coins if you really want to have profits from such a high pump but you should never invest more than 1% of the total volume in such coins because in case it starts dumping, you can quickly sell and exit the markets. Also you would need to speculate more closely because these coins can have a dump anytime. They do not run on market phenomenon.

[SaidNurs]

This is very helpful, thank you for sharing this information, I totally agree with you, this year is the growth season for altcoin, although it hasn't been seen significantly yet. Do not miss the scammers have prepared a strategy for the victims. very useful information you.