Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: shadow.bishop on November 08, 2018, 07:56:16 PM
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Why every coin that listed in kucoin, dumped in the beginning of listing?
Lastly fantom is the a victim. We have experinced about this issue now, so many coins/tokens dumped after listed Kucoin.
Fantom price before listed in Kucoin : 0,000102/eth
Fantom price after listed in Kucoin : 0,000088/eth
More or less %15 dump!!!
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Why every coin that listed in kucoin, dumped in the beginning of listing?
Lastly fantom is the a victim. We have experinced about this issue now, so many coins/tokens dumped after listed Kucoin.
Fantom price before listed in Kucoin : 0,000102/eth
Fantom price after listed in Kucoin : 0,000088/eth
More or less %15 dump!!!
Well i think all of alternatives coins has been dumped on every exchangers, because the price of cryptocurrencies is down trend. And there is new alternatives coins in KuCoin.
KuCoin will open three trading pairs of ONOT/BTC, ONOT/ETH, and ONOT/USDT.
Since its establishment in 2017, KuCoin exchange has launched more than 180 blockchain projects, supporting about 400 trading pairs, and it attracted more than 30 global start-up projects, including GOCoin, such as GO, LOOM and PHX. However, ONOT was launched on the KuCoin exchange as late as Q4 2018.
ONOChain is an public chain developed by EOS.IO software to provide the most powerful infrastructure for application distribution, including development environment, smart contract development, traffic distribution, issuance, and using ONOT as a collection tool to pass and conversion system.
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I've found this article ,
WALKTHROUGH: How traders 'pump and dump' cryptocurrencies :
~ The price jumps on the exchange shortly after the pump command. ~
~ As the pump moves to the dump, those in on the scam spread messages across other channels urging people to buy the coin. ~
https://amp.businessinsider.com/how-traders-pump-and-dump-cryptocurrencies-2017-11
That is normal I think. Most of altcoins already dumped on this bear market. Fantom still good :Fantomcoin (FCN) :
$0.202372 USD = 0.00003200 BTC
https://coinmarketcap.com/currencies/fantomcoin/
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I don't think that all coin listed on kucoin are dump on the exvhange but rather, i think that the situation is due to the bear market; even at the other exchanges, many altcoins, and Bitcoin are been dump on a regular basis.