Watch Out for This E-Coin Pump and Dump!

in #ecn6 years ago

PumpECoin.png

This is the clearest example of a pump and dump I think I've ever seen. Notice from the screen capture that this market cap of about $1.5 billion doesn't square very well with the volume. Someone did this with only $25k on one exchange! I think the rest of the $37k volume is probably people chasing this pump on its way up. Now that this coin has reached its stratospheric heights, there's going to be a dump at some point, so I am going to stay far, far away from this one. Don't want to be stuck with the hot potato. Be careful out there!

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Haha, that's funny. I took my screen shot at the high. The dump has arrived!

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