Market Manipulation Or Not?

[BRODIN]

Recently I saw tokens generated from the bounty project 4 months ago and it was very unexpected that the price of the OKS $ 0.0239 token increased very sharply and volume in 24 hours (+ 718.94%).




Exchange:

1. https://www.probit.com/app/exchange/OKS-BTC


2. https://vindax.com/exchange-base.html?symbol=OKS_ETH


Is this real? or just manipulation of prices in the market?
which makes me a little doubtful, because the token is listed in the shade exchange!

but if this is really real, How lucky for you to have participated in the OKSchain gift project.

[Rengga Jati]

In general, most tokens from new projects listed on the exchange are indeed a little unique. Namely, the pump and dump game. On average, the price of the token at the beginning of the listing will be set in such a way as to attract investors and convince the token holders of that new token.
However, we wait for some time, whether the price of the pump can survive or go up within a vulnerable period of just 2 weeks, it will be good.
But usually, prices will return to normal even a very drastic dump when many people have sold their tokens and the price manipulation is over.

[ahyadinnn]

I am not sure if it is price manipulation or not, because I see the buy and sell orders are not much different, if the price manipulation is definitely buying and selling order history is different and from the transaction history there is also no suspicion, maybe you can wait a few days to make sure

[Elderman87]

Without much proof it is hard to tell if a coin is being manipulated much in an exchange. However, like someone suggested, it is wise to take your time and observe the charts and trading volume of the coin for a couple of days before jumping on the train to buy

[htsy585]

To be honest, no one will truly know if it's an organic growth or pump and dump action since no one has really been following the coin. However, the market have seen such sudden movements countless time in the past so i'd say it's not a new thing and some of them happen to be a natural growth due to increase in adoption, while others were mere manipulations and action of pump and dump by either the team or some whales waiting to take off profits

[shinratensei_]

That's a pump and dump game, it can also be considered as a manipulation. You must remember about the main thing to determine whether it was getting manipulated or not based on how much daily trade volume and the gap between any buy order. okschain coin has already manipulated on its price. Look at the gap between the first order and the second order.

[Denamen]

In general, most tokens from new projects listed on the exchange are indeed a little unique. Namely, the pump and dump game. On average, the price of the token at the beginning of the listing will be set in such a way as to attract investors and convince the token holders of that new token.
However, we wait for some time, whether the price of the pump can survive or go up within a vulnerable period of just 2 weeks, it will be good.
But usually, prices will return to normal even a very drastic dump when many people have sold their tokens and the price manipulation is over.

The market is always organized and the whale is the one who decides everything because this game is just to find the winner, so in any investment there will be a risk and certainly the opportunity for you to make a profits will be very low. For some investors, they only care about profits and that is the main reason why these investors always fail because they do not have much knowledge about this market. Personally, I have been here for many years and have a lot of experience to survive when the market starts to decline.

[Little Mouse]

700%+ increased in market price is surely manipulation regardless of whatever the news is or whatever they are doing. For your info, this is not surprising because we see a lot of coins gain such price all time. Check the coinmarketcap top gainers, you will find at least one everyday.

[mahilchii]

This is manipulated for sure the price movements clearly shows that, there is still clear evidence that it is apparent. The idea is pretty simple whales will accumulate coins of the small market cap Cryptocurrency, then they will convince other to buy and the price will dramatically increase. The whales then dump their coins, which may cause a big drop in price.

[Ibizugbe1]

A friend has been speculating about this coin in our group, never even knew this had a bounty. Looking at the chart the buy order in the good price seems to be very huge as compared to the huge volume in the big bull order, whatever it's, it's important to check their website or GitHub to track project development in other to0 avoid buying a PnD.

[minairia3]

If you consider the exchanges it was listed we can presume that this is a manipulation. Probit and vindax are both known for this manipulation. Actually even on other major exchange it is happening. How come it will just suddenly rise right? We can observe also the volume if its manipulated by clicking the trade history. You can see a order taken that is not on the first order of sell and meaning they skipping the gap just to raise the price.

If you rely on tracker volume, this will also be useless cause example cmc just record volume that has been made even though there is not quantity on that price.

[leea-1334]

What do you think? Altcoin project suddenly puts orders on market, price jumps a lot, and makes alerts all over the community groups and countless Telegram channels,,, so yes it is market manipulation it always is. Tokens with no utility and no demand jump in price? 100%

[TanakabZX]

Looks more like a pump and dump scheme, it's a sharp turn and a sharp drop, that doesn't look normal to me, don't doubt about the chart it's definitely a manipulation, I hope you were able to sell when price was at the highest

[Twinkledoe]

700%+ increased in market price is surely manipulation regardless of whatever the news is or whatever they are doing. For your info, this is not surprising because we see a lot of coins gain such price all time. Check the coinmarketcap top gainers, you will find at least one everyday.

Follow for several weeks and you know if they really did pump and dump or manipulation here. Because if they did, they can't sustain this for long. But for users who want to jump now, just make sure that you are ready to get losses in case this is mere bait. No one is stopping from joining this but I think this is market manipulation. Is there a reason of why the sudden jump? If there is none, then be careful dealing with this project.

[Kemarit]

I am not sure if it is price manipulation or not, because I see the buy and sell orders are not much different, if the price manipulation is definitely buying and selling order history is different and from the transaction history there is also no suspicion, maybe you can wait a few days to make sure

Maybe they have set it up nicely, in the last couple of days that's why it is hard to detect the pump and dump here. But for me it's pretty obvious though, this token is very quite and then then suddenly exploded like this. If this is not pump and dump, then I clearly don't know what it is by now.

Those trading signal groups are selectively looking for coins to be their next potential pump and this is fits their agenda, no one will notice it until it is too late and probably caught some of us to invest and join the ride. I do hope though that they will get out in time because I'm sure in the next couple of days the price will go down hard.

[Cnut237]

I would be suspicious of all sudden price movements for very small coins. Obviously the smaller the coin, the easier it is to manipulate the price. The simplest way to determine if the movement is genuine is to look for recent news about the coin. If there is a genuine reason for the coin to rise, then likely it is normal FOMO price movement. But if you can't find any reason why the coin should be increasing dramatically in price, then it screams pump-and-dump.

[t3m4nc0k]

The two exchanges that I know often manipulate volume, pump and dump so I'm not surprised if an increase of more than 100% in both exchanges

[Byakuga]

Merely looking at the chart you can see clearly that this is a pump and dump movement, and adding to my point is the two exchanges that the coin are trading on, they are well known for pump and dump schemes

[The Cryptovator]

Manipulation become part of crypto industry, we can't prevent it. When a coin suddenly raised price or dumped price means someone behind of this and trying hard to manipulate. Most of this manipulation happen from whales and innocents traders like us loss fund by falling such as trap. Most of manipulation happen on worst and shady exchange like OP mentioned above. I will suggest don't fall on such trap if you can't afford loss, its something swing trade and it's quite risky. Better choose more trusted exchange rather than worst exchange so there will be low chances of trap.

[maydna]

We don't know if that is true or not but perhaps, there is a pump and dump that will happen to that tokens because if someone has a large amount of that token, he can easily to dump the token until it reaches low price. But if the team of the project aware of that, they will hold the price so it will not decrease so deep, and they will try to push the price to back the last price. Perhaps, the manipulation really happens behind us. Probably, that is from some whales, or that is because many traders buy and sell of that token.