REASONS WHY COIN RISE ON DELISTING
Tokens often have dedicated communities who don’t want to see their favorite project fail. When a coin gets delisted, they might band together to buy more of it. They do this to show support or to try and grab attention, causing the price to rise.
Buying cheap
Even if a coin gets delisted on one exchange, it might still be traded on smaller platforms. Some traders buy the coin cheaply before the delisting happens, planning to sell it at a higher price on other exchanges. This strategy can lead to a quick price spike.
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Everyone Wants a Quick Profit (FOMO)
When a delisting announcement grabs attention, some traders jump in just because they see others buying. This “fear of missing out” (FOMO) drives prices even higher, even if there’s no real reason behind the hype.
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Market Manipulation by Big Players
Sometimes, big investors (called “whales”) take advantage of the chaos. They pump the price artificially by buying large amounts, hoping to sell at a higher price before it all crashes.
Last-Minute Rush Before Liquidity Drops
Once a coin is delisted, it becomes harder to trade because fewer people have access to it. Some traders rush to buy before this happens, creating a short-lived “last chance” rally.
Be Careful with Delisting Pumps
While these pumps might look exciting, they’re very risky:
Prices Can Crash Fast: What goes up quickly often comes down even faster.
Hard to Sell: After delisting, there may not be many buyers left.
No Real Value: The price usually isn’t based on anything real about the coin.
Conclusion
Coins pumping during delisting is more about emotions, speculation, and big players than actual value. It’s like a firework—bright for a moment, but it doesn’t last. If you’re thinking about trading during these times, make sure you understand the risks#BinanceSpotTrading #writetoearn