Why do pump & dump coins regularly go +80% or more after a few weeks
Why do pump & dump coins regularly go +80% or more after a few weeks
So on CoinEx there’s load of pump & dump coins that tumble almost 100% of worth after listing for 3 hours. But now I see many of these coins also randomly gain sometimes even 180% after a few weeks. I would think these coins are forgotten about after their dump, how do these random coins suddenly increase a few weeks later?
Jason Johnson Answered question February 17, 2025
Micro caps can do this regularly and oscillate between highs and lows many times in a cycle
Jason Johnson Answered question February 17, 2025
It’s called dead cat bounce. It’s mostly manipulations they try people to buy and then dump again on them.
Kevin Sung Answered question February 17, 2025
If I mint 1 million coins and then sell one single coin for $1, then by crypto logic, i have a $1 million market cap and my gain is infinite 1 / 0.
Usually, I buy the coin from myself from an alt wallet.
Reshantha De silva Answered question February 17, 2025