$XEC #ScamProject

“I strongly suspect that the price of XEC is being manipulated based on repeated patterns of price action. Every time the price seems poised for an upward breakout, it is immediately followed by large sell-offs that push the price down. This raises concerns about coordinated actions by large holders or exchanges to suppress the price intentionally.

The decentralized nature of XEC may be exploited by entities with significant holdings, especially if they aim to accumulate more coins at lower prices or manipulate market sentiment. Furthermore, the lack of transparency regarding who is executing these trades adds to the suspicion.

While decentralization means there is no ‘owner’ of XEC, the actions of a few influential players can heavily impact the market, making it difficult for smaller investors to trust the system. If this continues unchecked, it could undermine the credibility of the project and its potential as a legitimate cryptocurrency.”