Exchanges based organized token pumps & dumps

avatar
Sometimes you might hear exchanges-based token pumps are organized and happening.

Original Source

When you look at the above chart at the Binance MTH Token, you can see an organized token pump has happened at 5 pm (UTC).

Original Source

There were few rumors about this market pump & during the pump MTH token price was pumped by 100% and, market volume was at 300+ BTC. The pump happened the same time they defined & it was a sudden market pump & within a few minutes, the market went back to normal.

Original Source

Therefore, if you have reliable sources to get this news, it's better to try your luck there. But don't forget, there are a lot of scammers who take this news as an opportunity & can share fake news. Therefore, while you are testing this news, it's better to assign a low budget & buy at dip as the basic trading rules.

Appreciate your contribution!


0
0
0.000
1 comments
avatar

Congratulations @citywriter! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You received more than 1750 upvotes.
Your next target is to reach 2000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

The new HiveFest⁶ attendee badge is waiting for you
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000