TimeTeller
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March 01, 2022, 11:46:00 PM |
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fake volume can green the value of one coin.
It's not fake as it was on the decentralized exchange site but that's fully manipulated by someone who has been pumping the price of token by adding massive liquidity at once. This is triggering people to invest in the coin as well. People are seeing the performance of this token was being different compared with the majority of altcoins in the market caused by that. The fact that shit tokens are always doing this kind of pump and is suspect some developers of shit tokens have been pumping their own tokens. This can be a trap. where when the market is red it's green itself, and goes up 100% or even more, that often happens with meme coins. not for real coins like LTC nad more , cos if BTC red all altcoin must be red
Yeah and that makes the price movement of shit tokens become different compared with another token. People are seeing meme token as a place to make money or money generator caused by this. but this depends on how lucky you are. Tokens with unusual increase for the last 24 hours are very high risk for me. As you said, there may be people who are behind this pump so it can look better and possibly attract naive buyers. Of course, people will look at the biggest gainers and will try to get a hold also. But unfortunately, they are already buying at the peak and in no time, it will drop massively. The same goes with meme tokens. Their market movement may be erratic and it is your luck if you get in and out at the right time.
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dunfida
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March 01, 2022, 11:48:04 PM |
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fake volume can green the value of one coin. where when the market is red it's green itself, and goes up 100% or even more, that often happens with meme coins. not for real coins like LTC nad more , cos if BTC red all altcoin must be red
Not that an assured thing that everything would be on reds but it couldnt really be denied that Bitcoin is the main trend setter and if its goes down then most coins in the market would be pulled down too which is something a very normal scenario or condition that do happen most of the time.Although there are coins which do basically being green despite of the market condition which neither those are organic pumps or to those low cap coins which does have only small volume which do shows to make it looks green or someone who had bought on the dip.
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Pelana vreo
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March 02, 2022, 03:28:23 AM |
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https://coinmarketcap.com/gainers-losers/ I use this site and the tools available on poocoin, there is no increase from altcoins when BTC price drops, it's all just a pump and dump, you need to be careful with new altcoins like that. Btw I would like to see a tool that can identify the LP of new coins on Dex exchange like CMC, we can see new Altcoins all the time. however I have not found such a tool.
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Blowon
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March 02, 2022, 03:44:09 AM |
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First off, how do you even find out about these coins?
Second, what exchanges can you even find these coins? It seems almost all these altcoins are related to ETH. Does it involved pancakeswap/metamask and things like that? Is it easy to learn?
Third, these coins don't have any correlation to btc?
Alright, I'll help you understand a little bit what I've understood. that is - We used to use smart contracts. then with that we can get information from websites like poocoin. The data we get starts from liquidity locked terms, communities, and also real time charts to get accurate prices.
- You won't get those coins on CEX exchanges, nor will their hype follow the bitcoin trend. they can be found in swap dex like uniswap and pancakeswap. understanding ethereum and metamask will be easier in the future, because everything about the coins you mentioned is based on the ethereum network and its similarities. and ethereum is very simple not difficult to understand.
- That's right, the trend in tokens created on the Ethereum and regular BNB networks already has its own community to create hype. because they are tokens with small trading volume they will not count bitcoins. in fact they are really controlled by the community.
Just a little understanding from me. I am also still learning here, understanding everything is indeed difficult but I think by learning the basics it will be easy to understand in the future.
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traderethereum
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March 03, 2022, 02:32:39 AM |
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First, you can monitor the ANN of the coins or tokens in the Announcements section of this forum so you can see their respective websites and can ask questions directly to the dev or their team. Second, you can look from CMC or CoinGecko to see which exchanges have those coins or tokens. That's natural because the tokens are based on the ETH network so they are always tied to ETH, especially in price. PancakeSwap is an exchange that has a large list of those tokens before they enter the major exchanges and you can use Trust wallet in addition to Metamask. Third, almost all of those coins and tokens correlate with BTC, especially with the movement of BTC. If BTC moves, then those coins and tokens will move too but not all will go in the same direction as BTC.
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vanesha
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March 03, 2022, 03:00:48 AM |
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When searching for information about the coin you are interested in, you are in addition to the rating Coinmarketcap.com you can also use Coingecko.com. There you will also find information where you can buy the coin you are interested in.
I'm sure it seems Coinecko and Coinmarketcap are not random to be listed on their website. in that thread it seems to be more directed towards cheap and low quality coins, like ...But what about these altcoins like Silva Token, Doge Riseup, Nurifootball etc...
But don't worry, we already have a website to get information about such low quality tokens. i used to use Poocoin because it can contain all token information as long as they have smart contract with BSC network. Go directly to https://poocoin.app/ and enter the smart contart there.
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Pandu Geddon
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March 03, 2022, 03:07:42 AM |
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First, you can monitor the ANN of the coins or tokens in the Announcements section of this forum so you can see their respective websites and can ask questions directly to the dev or their team. Second, you can look from CMC or CoinGecko to see which exchanges have those coins or tokens. That's natural because the tokens are based on the ETH network so they are always tied to ETH, especially in price. PancakeSwap is an exchange that has a large list of those tokens before they enter the major exchanges and you can use Trust wallet in addition to Metamask. Third, almost all of those coins and tokens correlate with BTC, especially with the movement of BTC. If BTC moves, then those coins and tokens will move too but not all will go in the same direction as BTC.
because indeed the movement of BTC will create a new movement for altcoins. indeed not all altcoins will be affected by the trend made by BTC. because usually when a decline occurs, it's the tokens from the new project that get the pump instead. but situations like that only happen very quickly. immediately after the pump, they will return to the trend formed by BTC. it's all because of the dominance of BTC in the crypto market which is still high.
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Gayong88
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March 03, 2022, 03:49:49 AM |
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In my opinion, the first point is correct looking at the first information on CMC for the coin/token to be reviewed. seems easy to see. Altcoin dominance goes up as you said, always following market trends and indications of rising because of Ethereum, Ethereum is the king of altcoins if the king rises below it also rises this is very reasonable when Ethereum has reached a certain price then crypto bookies increase other altcoins.
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Republikcoin.com
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March 03, 2022, 04:09:06 AM |
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I'm sure it seems Coinecko and Coinmarketcap are not random to be listed on their website. in that thread it seems to be more directed towards cheap and low quality coins, like
Coinecko and Coinmarketcap have their own rules for listing everything on their sites, because they also don't want to litter their lists or lists with lots of dirty coins which generally have no use value or sale value in the market, so obviously it won't be arbitrary to agree on each and every one of them new tokens that do not meet the requirements to be listed in it.
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magneto
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March 03, 2022, 05:41:12 AM |
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I've noticed that Cosmos has a tendency to hold strong in a bear market like we've seen.
It's probably because a lot of things route through Cosmos so it's always in demand, and there has been some exciting developments.
Though, the only true non-correlated cryptos is probably going to be stableassets that are pegged to gold or fiat. Everything in the crypto space is somewhat correlated on the way down.
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asyakashi
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March 03, 2022, 07:04:08 AM |
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Look at the biggest gainers in the last day. Shiba tron and Baby Squid Game.
So do coins on pancakeswap just go up regardless of whether btc goes up or not? I thought if btc drops big, literally the whole crypto market drops? So these coins are not affected?
I believe because they are tokens with small-scale trading volume, of course they are not dependent on bitcoin. They took full advantage of the event, then enlivened by community support where the community had bought cheaply from the start. That event usually is, burning and listed in exchange is the most popular event that usually happens. Such tokens are also only found on dexswap like pancakeswap, julswap etc, will not be found on CEX market like binance, if they enter major exchanges they will immediately follow the price of btc.
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Sikinkato
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March 03, 2022, 08:49:41 AM |
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Third, these coins don't have any correlation to btc? [/b]
Not all altcoins’ price movements necessarily depend on Bitcoin. Some altcoins generate price changes by being manipulated.
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carlisle1
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March 03, 2022, 09:09:44 AM |
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fake volume can green the value of one coin. where when the market is red it's green itself, and goes up 100% or even more, that often happens with meme coins. not for real coins like LTC nad more , cos if BTC red all altcoin must be red
Not that an assured thing that everything would be on reds but it couldnt really be denied that Bitcoin is the main trend setter and if its goes down then most coins in the market would be pulled down too which is something a very normal scenario or condition that do happen most of the time.Although there are coins which do basically being green despite of the market condition which neither those are organic pumps or to those low cap coins which does have only small volume which do shows to make it looks green or someone who had bought on the dip. There are some that independently moving up while the most are moving down. You mentioned those reasons and I do agree with some low volume asset that have good community support can do an organic rise, with progress and usages investors are supporting the project and continue to buy and hold, believing that there are many positive events that will move the coin and will bring decent to a huge amount of benefits.
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lenovop-70
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March 03, 2022, 02:40:03 PM |
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Most of the shitcoins are unrelated to the up and down of Bitcoin price so far, because there is a lot of manipulation there, the price is controlled by the big whale inside and they have a pump and dump schedule in line with their program. So, for me shitcoin is not healthy and is not a good investment field because of that.
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clarkt
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March 03, 2022, 06:18:06 PM |
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I am yet to see altcoin that goes up when bitcoin and whole market of cryprocurrency is down. Most altcoin that temporarily rise when market is down are most likely been pumped or the excitement of new listing help the demand for such coin. Sooner or latter, every altcoin go down with the market sentiment! Bitcoin prices is important in determining the pace and growth of cryptocurrency, most altcoin are yet to decouples from it!
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LUCKMCFLY
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March 06, 2022, 12:08:14 AM |
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For me, the best thing in these cases is to go to Binance, do a good technical analysis of which coin is in order to find a good pump and dump, in Binance there are coins that are rising almost 30%, and these coins are the ones that have always existed and their way of life is pump and dump, for me the queen of these types of currency is Doge, but now many have come out, and these currencies have shown that they are improving, that is why I would not complicate myself, I I would go to that Exchange that is very safe and start looking for potential in the pump and dump coins.
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cryptomaniac_xxx
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March 06, 2022, 12:40:35 AM |
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I am yet to see altcoin that goes up when bitcoin and whole market of cryprocurrency is down. Most altcoin that temporarily rise when market is down are most likely been pumped or the excitement of new listing help the demand for such coin. Sooner or latter, every altcoin go down with the market sentiment! Bitcoin prices is important in determining the pace and growth of cryptocurrency, most altcoin are yet to decouples from it!
There could be some, but those are way below in the list from the cmc. So it means they are purely being used for p&d that's why there are no relation to bitcoin regardless if the price is going up and down. I'm not new in the market but not that old, but I've seen this kind of movements. But it doesn't concern me because I know there is someone from behind manipulating the price.
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GreatArkansas
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March 06, 2022, 12:49:32 AM |
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(.....)
First off, how do you even find out about these coins?
Second, what exchanges can you even find these coins? It seems almost all these altcoins are related to ETH. Does it involved pancakeswap/metamask and things like that? Is it easy to learn?
Third, these coins don't have any correlation to btc?
This is very difficult to spot. But if you are a risk-taker, you can spot this with shitcoins on a random chain like new altcoins that are published and scheduled to be listed on a huge exchanges, even how the market is dumped, this altcoin could possibly pump huge. Second, I think what you mean here is Decentralized Exchange (DEX). If yes, I can say yes, these platforms could involved because most of altcoins now are starting on chains, like there are some Initial Dex Offering(IDO) you can participate to their token sale using DEXs and trade after the sale.
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Bollexz1
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March 06, 2022, 07:23:05 AM |
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Like you said, coins at top 100 has the potentials to grow whenever btc goes uptrend because of their popularity which contributes to their good market cap. The ones that go down are mostly the meme coins which has no sensible use cases.
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vanesha
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Binance #SWGT and CERTIK Audited
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March 06, 2022, 08:28:03 AM |
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When searching for information about the coin you are interested in, you are in addition to the rating Coinmarketcap.com you can also use Coingecko.com. There you will also find information where you can buy the coin you are interested in.
I believe the information on coinmarketcap and Coinecko is only validated coins. I have another solution if it's really new, but we want to know the token information. This only applies to BSC network tokens for now, we can paste the smart contart address at https://poocoin.app/ then we will get enough information from the smart contract. To be listed on Coinmarketcap and Coinecko it seems that there are requirements that must be met first, so I'm sure new tokens will not be listed there quickly.
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