đšđ©žPeople Coin With The Enchanted Surge in The Whalesâ Playground of Manipulation Spikes The Prices At A New Height!
People Coin, despite its low trading volume, has experienced notable price movements, raising questions about potential price manipulation.
The coin's price recently surged by 26.04%, reaching $0.13695, and approaching the critical $0.16 mark, where short sellers are getting squeezed.
This squeeze forces them to buy back their positions, further driving up the price. As the price inches closer to $0.16, the probability of further increases grows.
Tomorrow's formation of a three-day candlestick could be pivotal, potentially signaling a continued upward trend.
Whales, or large investors, are likely maneuvering the market to create favorable conditions for themselves.
Key data points include a current price of $0.13695, a market rank of No. 113, a market cap and fully diluted market cap of $691.35M (âč57.75B), a market dominance of 0.0273%, a circulating supply of 5.06B PEOPLE, a total supply of 5.06B PEOPLE, an all-time high of $0.1852 on December 23, 2021, and an all-time low of $0.00071 on November 21.
With trading facilitated on platforms like BINANCE and associations with ConstitutionDAO, the coin's allure is both enticing and risky.
While the data suggests a potential buying opportunity, the market's volatility and the influence of whales present significant risks.
Investors should weigh the high-risk environment and the potential for substantial returns due to price manipulation and short seller squeezes, as market conditions and whale activity present a speculative opportunity that could see further price increases.
The data presented is for informational purposes only and provided by CoinMarketCap without representation or warranty of any kind. Always conduct thorough research before investing.
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