Market Manipulation! Is it real?
Market Manipulation! Is it real?
We often heard about market manipulation in crypto market. It can be true for small cap, or coin that issue by exchange or for the token where most of that token hold by team. But we also heard it about Bitcoin and etherum, when price fluctuate in large scale. I don’t understand how these large cap coin can be manipulate, when these coin are well distributed and decentralized?
tbh, people with biased views who just recently hit cut lose or SL will have biased stance that the market is manipulated but is it though? sometime differentiating manipulated market and the genuine one is difficult, after all if manipulation is so obvious then it’s problematic but I don’t believe market of BTC is manipulated with such large market cap.
if it’s those altcoins with micro cap then yes, so many manipulation actually going on, sometime when a coin about to unlock vested token and ready to dilute the market, some project just artificially pump the price to lift the worth of their vested tokens.
but this manipulation more obvious in meme coin category though literally those guys are manipulating the market and it’s as clear as day.