tau3 avatar

Alpha Token Dump Prediction 6/20/2019

tau3

Published: 20 Jun 2019 › Updated: 20 Jun 2019Alpha Token Dump Prediction 6/20/2019

Alpha Token Dump Prediction 6/20/2019

Alpha Token Dump Prediction

Over the past week $A's price and volume has been steadily increasing. I suspect this to be part of a Pump and Dump scheme. 

$A aligns with many other victims of P&Ds:

  • Age
    • $A is less than a year old
  • Market Cap
    • $A has a Market Cap of less than $5 million USD
  • Price
    • The price of $A before pumping started was less than $0.01 USD

Please refer to the image at the top of this post for the following points:

  • Just before (left) marker "A" and "C" we can see the beginning of the pumping stage. However, soon after (right) marker "A" and "C" we can see a large volume increase.
  • Just before (left) marker "B" we can see more pumping except this time at a much faster pace.
  • Just after (right) marker "B" we can see a very large increase in the price. Since there is a gap in CMC's data it is unclear whether or not there was an increase in volume.

Conclusions

The likely hood that Alpha Token is the victim of a P&D is very high based on the data that is currently available. At the time of writing this it is still possible to get in.

Disclaimer

I am not a financial advisor.

I am not responsible for any conclusions you draw from this post.

I am not responsible for anything that you chose to do with your money based on this post.

Leave Alpha Token Dump Prediction 6/20/2019 to:

Written by

Read more #altcoin posts


Best Posts From tau3

We have not curated any of tau3's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From tau3