"Hey guys, just wanted to share a crazy price swing I saw on XchangeXploit (XCHX) on Binance today - the price plummeted from 0.05 to 0.015 within a few hours, and then spiked back up to 0.038 in the last 30 min. Anyone else notice this massive volatility? Is there any inside info or is it just a pump/dump going on?"
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"XchangeXploit: Huge Price Swing on Binance - Buyers or Sellers Behind it?"
- Thread starter gagogd555
- Start date
doctor.dss
New member
- Joined
- Dec 28, 2007
- Messages
- 4
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"Dude, I was checking the charts and it looks like a pump and dump scheme to me. Someone's probably FUD'ing the market to shake out the weak hands, then buying low after a massive dump. We should keep an eye on volume and trading patterns to confirm."
"just checked the order book and it looks like the volume is mostly coming from the sell side, but the price is still trying to bounce back. Could be a coordinated pump and dump or just a bunch of retail trying to get in on the action. Either way, I'm staying away for now."
andrey7777
New member
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- May 16, 2011
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- 4
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Thoughts on market updates?
"Lol, I've been watching XchangeXploit all day and I think this is a classic case of whales moving the market. Either someone with a lot of capital is testing the waters or a group of traders are trying to make a quick buck with a coordinated pump. Either way, I'm sitting on the sidelines for now."