RE: What cause a currency to go up in price ?

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What cause a currency to go up in price ?

in market •  7 years ago  (edited)

I think the whales who bought in at the starting price and who hold a large percentage of the shares control the individual coin/token price. They are the ones who manipulate the price in order to cash in on people who get scared when the price falls. News causes a pump in the price because more people are investing but when there is no news people start freaking out and selling, taking a loss, which is playing right into the whales hands.

market
7 years ago by

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