Why some small coins rise in price for 10%-20% in a day WITHOUT any news?

[Fivestar4everMVP]

Low liquidity is one of the causes, when a coin or token does not have enough liquidity to execute small or large trades at a go, as little as $10 usd buy or sell on that coin or token impacts greatly on the price like +10% or -10% depending on whether the person who traded either bought or sold, there are several of this type of coins in the market today and this usually happens with coins listed on very small or small exchange which their user base are not much and as a result, liquidity is very low on those exchanges.

[RealMalatesta]

Low liquidity is one of the causes, when a coin or token does not have enough liquidity to execute small or large trades at a go, as little as $10 usd buy or sell on that coin or token impacts greatly on the price like +10% or -10% depending on whether the person who traded either bought or sold, there are several of this type of coins in the market today and this usually happens with coins listed on very small or small exchange which their user base are not much and as a result, liquidity is very low on those exchanges.

That might be a valid reason for unknown coins but I wonder why and how Bitcoin, which has an enormous market cap, moves so much without any particular reason. There is literally price going up and down all day and surely there isn't something happening all the time.

No matter how much we hide from it or run away from it, there are manipulators still in the market with a capital big enough to disrupt and shake the market at will.

No logical explanation can be given for the dump that happened last year, in March-April. Pandemic only helped Bitcoin for those who put the blame on the pandemic.

[zanezane]

Probably not a lot of people are watching them or that the increase is just too small that it's going to be difficult to make an article that can hype it up. Plus, there's so many coins out there and most articles don't really cover them all.

[carlfebz2]

Low liquidity is one of the causes, when a coin or token does not have enough liquidity to execute small or large trades at a go, as little as $10 usd buy or sell on that coin or token impacts greatly on the price like +10% or -10% depending on whether the person who traded either bought or sold, there are several of this type of coins in the market today and this usually happens with coins listed on very small or small exchange which their user base are not much and as a result, liquidity is very low on those exchanges.

That might be a valid reason for unknown coins but I wonder why and how Bitcoin, which has an enormous market cap, moves so much without any particular reason. There is literally price going up and down all day and surely there isn't something happening all the time.

No matter how much we hide from it or run away from it, there are manipulators still in the market with a capital big enough to disrupt and shake the market at will.

No logical explanation can be given for the dump that happened last year, in March-April. Pandemic only helped Bitcoin for those who put the blame on the pandemic.

Of course there are lots of people who had been actively trading specially its a main coin or father of all crypto.It is just normal that you would see that kind of liquidity despite on having no news that you could see into the market.

When it comes to small coins then having low liquidity then those 10-20% would really be just small for someone to move those percentages specially if its really cheap then buying would really give out some impact.

You could really eventually tell on seeing into its volume alone and as a trader or investor then you should know at least on how to check out these things.
Dont know if someone do really still risking their money into low caps.

[5thFear]

I don't think there is any technical side attached to it. It happens because the community or the coin holders which are not that much as the coin is small manipulate the price of it. And price manipulation is very much possible if you have a few whales.

[huu78]

If this happens without any updates or good news about the project they might be the biggest supply holder controlling it, or maybe Dev is also doing the buyback and waiting for the small fish to buy in. Every market must have a big whale ready to swallow small fish. Coin like this deserves to be called sh**tcoin.

[AakZaki]

is your analysis based on guesswork?
Guesses are not called analysis. correct analysis must be proven by reading the chart, looking at volume, RSI and its support and resistance. if only based on guesses that you guess yourself, it will not help at all.

[lixer]

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

There are small news that might affect the price. For example, has anyone noticed that google has lifted the ban previously put on crypto advertisements? That's a small news that goes unnoticed most of the times but these things help the price of Bitcoin.

Similarly, 100s of small things happen every day and you don't know what triggers a whale to invest or divest who are the main reason for the market movement. Then there are days when the market moves just because one particular type of trades happened more than the other. Like if more people sell BTC on a single day than people who buy BTC, the price will slightly com down.

[NeverSop]

Not every news affects the value of a coin, it may come sooner or later for everyone's investment perception.  Except, fomo from celebrities like Elon with Doge.  Lol, the coins that naturally increase in price come from the development of the product's foundation, the announcement of a partner, etc. That is the development of users coming to them in the most sustainable way.  I am very afraid to invest in coins with unusual imo/fomo.

[tvplus006]

I don't think there is any technical side attached to it. It happens because the community or the coin holders which are not that much as the coin is small manipulate the price of it. And price manipulation is very much possible if you have a few whales.

Coins with small liquidity are the easiest to pump and dump. In such cases, when buying coins on the market for several hundred dollars, a pump of tens of percent can occur. And if this is repeated several times over a short period of time, then the price of such a coin may end up on the moon.

[aquafinewater]

Because most of the small coin are shit coin reason of daily pumping these small coin because most of the people have low fund in the trading account so that's why they choose small coin Because small coin give best profit reason for daily price pump in these coin investment too much that's why small coin pump mostly .

[TheListener]

Because  most of the pepole use small coin for sclaping small coin are best for getting great benefit so main reason for pumping small coin daily these coin have a lot of investment then these coin pump daily without any news .

[Taskford]

I don't think there is any technical side attached to it. It happens because the community or the coin holders which are not that much as the coin is small manipulate the price of it. And price manipulation is very much possible if you have a few whales.

Coins with small liquidity are the easiest to pump and dump. In such cases, when buying coins on the market for several hundred dollars, a pump of tens of percent can occur. And if this is repeated several times over a short period of time, then the price of such a coin may end up on the moon.

This is why those pump and dump groups love to find small cap coins due to this reasons since they can possibly earn big profits from trying to make the price moves up for certain time given on their signals, But I don't recommend anyone to join on any of the groups offered by other user nor try to invest on any low cap coins since as they are prone of manipulation then provably it can be rug on quick instance so for those un experience to go trade on better option and avoid the said risky low cap coins in the market.

[0verseer]

If it was a small coin with a low market cap then there is nothing surprising to see it jump 10% in one day even with no news or development. Maybe it caught someone's attention and price increase because that person accumulating, buying the coin en mass.

[pawanjain]

Cryptocurrency has an open community and this makes anything possible in crypto.
I have never heard of the coins you mentioned. These coins do not have such a huge marketcap which makes them easier to be manipulated.
It can surely be a pump and dump or a co-ordinated manipulation gradually executed over a period of time.
I would rather advice you not  to focus on such coins and instead focus on the top 20 coins by marketcap.

[techearn17]

Some of this is due to the fluctuations of the bitcoin, this coin is being traded-in Satoshi, and when the bitcoin fluctuates it also sees a 10 to 20% increase in the USD and if it can If you look at Satoshi, you will see that there is no difference between them, so you should look at the coins that are also performing in Satoshi.

[layoutph]

DODO is an exchange site. It will surely rise up as people tend to buy DODO to get discounts from trading. Another thing exchange site's own coin is a good investment. Just take a look at BNB, before I just ignore it , I wish I bought huge BNB while the price was still $11usd.

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

I will provide couple of examples:

1. DODOBTC - Today - 16 July
2. DODOBTC - 11 July
3. DODOBTC - 6 July
4. EPSBTC - 15 July

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

[RealMalatesta]

Some of this is due to the fluctuations of the bitcoin, this coin is being traded-in Satoshi, and when the bitcoin fluctuates it also sees a 10 to 20% increase in the USD and if it can If you look at Satoshi, you will see that there is no difference between them, so you should look at the coins that are also performing in Satoshi.

That is indeed a reason and this domino effect is also the reason why there is a bull and bear run simultaneously for every crypto. I mean if BTC is rising then all the coins will rise and vice versa because the whole crypto goes together, leaving apart from shitcoins.

But then one would wonder why even BTC is moving all the time even when there is literally nothing new happening in the market. Maybe it is the whales who want to keep the market moving and sometimes one whale counters another and market fluctuates. Then there are obvious reasons for bumps and dump like Elon says Tesla accepts BTC - rise! ... Elon says Tesla won't accept BTC - crash! I don't understand what difference it makes to buy tesla with bitcoins seriously though. You can cash bitcoins and then buy it simply.