> After the announcement that Binance would delist $Reef, the price pumped by 1500% followed by a sudden dump of 70+%.
It was done for low transaction volume.
> The market cap reached around 250 million to 75 million. But why? It's clear that there was some whale manipulation. Everyone worked together to pump the price and then exited simultaneously.
> That's why you should never trade delisted coins.
> I lost $100 in a trade a few days ago. I shorted $XMR as soon as the delisting notice came out. They were playing the same game.
> You could buy a small amount of Reef now, as the current market cap is 75 million.
> If the price goes back to its previous level, you could 3x your investment
