Why it's so easy to pump the market.
The idea Market makers apply to pump/dump the market can be done on any scale, it doesn't matter the asset price is 1$ or 100$, it only differs on how much their capital is.
Lets pretend we are a market maker ourselves, and that we have 10$ capital that we plan on using to pump Coin
(A) from 1 dollar to 2 dollars.
By using all 10$, Coin
(A) can go from 1$ to 2$, so what we do?
We 'As a market maker' start buying coin
(A) at a slow rate 'consolidation period' using 25-50% of our capital, then all of a sudden throw in the rest of our money on coin
(A), causing a quick surge during which other players 'large traders/retailers...etc' will join on hopes of making money.
But what differs Us 'Market maker' from Them 'retailers/large traders'.. that we control most of the supply of coin
(A) that we purchased during the 'consolidation period', so We 'market makers' can choose when to dump it.
Okey, now to the important part, after coin
(A) has reached 2$ We will dump our bags, selling the tokens we purchased using our 10$ but this time at an average price of 1.75$ for each Coin (A).
So, now we bought 10 coins for 10$, and we sold them for 17.5$, and by selling, we made the market go into panic mode, causing more selling pressure to occur and sell limits to be activated like a domino effect.
Now the situation is like this, we have 17.5$ and the price of coin
(A) retraced to 1$ or even lower.
Now, what we do?
we repeat the same process, over, and over, and over again, and by the end of the day, we'll end up with x5 or x10 our initial capital of 10 $ Which empowers us to do more manipulation and even drive coin
(A) to 3$ or 4$ not just 2$, Thus, more profits, and so on and so on.
This is pretty much how this game is being played.
Most of the total market cap of 3.61$ Trillion dollars are a result of this game, net profit the market makers have made from years and years of manipulation.
They are masters of this game and we can only follow their trail in hopes of some scraps and left overs.