LIVEif you check the trading info on $SC you will find that its daily large inflow the past days is negative. so how come the price keeps going up?!
here's why and the reason this is happening is the reason im sticking to the project for now
#Siacoin total inflow of large transaction is showing a huge red loss. When you have that, it means that whales are selling and are not interested or its a huge dump... but dont freak out and continue reading
small and medium buyers transaction is sooooo high volume-wise that its crossing the huge chunk of big oversell....
and the result is an OVERALL green and positive inflow and the price keeps going up
this means that #investors and normal day traders like myself are grabbing this #altcoin like hot cakes. this interest is increasing on a daily basis as the daily trade volume is picking up and entering the weekend it will triple the trading volume easily which will eventually result in whales going back into the project and that will drive the price sooo high.
in 24 to 36 hours i believe a similar pump to yesterday's small pump will happen which will take SC to 0.014
go read my previous few posts about SC for market predictions up to the bitcoin halving which will be updated every few days
LIVE