Reason for price

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Reason for price

Hi folks, I see that many coins move more than 10000% in 24 hours. Any guesses what might be the reason for that. For ex- if u can in market cap site and arrange it in most increased for last 24hours then u can see many of it.

Lashini Fernando Answered question November 27, 2024
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Non-existent liquidity

Take a look at the volume

Lashini Fernando Answered question November 27, 2024
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It’s like the lottery. You’ll spend more buying up every ticket/shitcoin until you finally hit the jackpot. There are two outcomes at this point. Either you lose your bag waiting for your profits to go from 40x to 50x. Or the bag was never enough to recoup your losses on the other coins.

Bhanuka Harischandra Answered question November 27, 2024
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