MultiversX Tracker is Live!

Huge Scamms In the Market. Is there something i dont understand or price manipulation

All Cryptocurrencies

by COINS NEWS 101 Views

Huge Scamms In the Market. Is there something i dont understand or price manipulation

Im making this post hoping that someone will point out something that i dont know to calm myself down a little. I've been looking into diffrent coins, some to buy some to sell when i noticed something. Certain big coins and some small ones have barely moved in price. At first i thought that you know, alt coin season isnt here yet but i wasnt satisfied and thats when i took a peek at their market cap and i noticed something really odd. Their price barely moved but in terms of market cap they are acutally at an ATH, almost ATH or ven 2-3X ATH. Does that mean that they are overinflated? The money is still there so who's getting rich if the price isnt moving but money is beeing poured into the coin, the devs? If people put money into it shouldnt the price go up? Is there something i dont understand?

rndr price

rndr market cap

here we can clearly see that render, one of the biggest AI tokens seems to be at an ATH price wise, however the marketcap is 2X ATH

IMX price

IMX MC

with IMX its even worse, probably the worst i could find. While the price says theres still a 3x to the top, Market cap says we did a 3-4X from the ATH.

I found a Lot and i mean, a lot of other coins in simillar situations, some not nearly as bad as these ones. Now, is there something im missing? I may not be verry educated in economy and markets but for the past year ive been doing a fair bit of research into economy markets stocks and such and from what i know when market caps go up price goes up otherwise we're talking about some gross infaltion. I mean, everyone else is hyping these things up saying they'll go here and there but market cap tells a diffrent story. So if anyone is kinf enough to tellme how im wrong i would love it, thanks!

submitted by /u/as19905
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments