🔄 Current selling prices: At the moment, according to exchange trading data, it is clear that traders have a desire to sell NOTcoin at prices of 0.025 and 0.03. It was still at the level of 0.023, but this resistance was already broken while I was composing the post)
🛑 Lack of support: Currently there is no significant support for buyout. In the event of a sharp decline in prices, a drop of up to -70% is potentially possible.
Let's try to figure out what is happening now, who is pushing the market up, the situation is very unusual, x5 without a news background is an extremely rare situation for coins with such a large capitalization.
🕵️ Mystical Moneybags: The market seems to be controlled by a big player. My analysis of recent transactions shows that on average 21,110 coins are bought per transaction and 20,425 are sold. This indicates a large number of large single purchases, which may be part of a market-making or asset accumulation strategy.
🎭 Whose game is this? The lack of support levels and the ease of breaking through resistance levels indicate that we may be part of someone's big game. The conductor sticks out with one very firm hand, this is not a collective pump. The goals and motives of this game are not yet clear.
💻Behind the scenes theories:
1. Marketing strategy: Perhaps the TON Foundation is pumping the coin to attract attention to the main product.
2. Whale Manipulation: Perhaps a major player or trading group is manipulating the market, influencing the feelings of inexperienced investors NOT, causing a wave of greed and pumping up the market for a potential crash. But here the TON Foundation should appear in the arena again, because such a situation will be harmful to them.
3. Exchange Strategy: Exchanges can use the NOTcoin pump as a way to activate new customers to turn them from simple registered users into active traders.
🤔 Your opinion: Who has other versions? Share your thoughts in the comments!
P.S. Perhaps 7 billion dollars will be used in a slightly different way, but everything was played out beautifully?
