The Currency Analytics

PayPal Cryptocurrency News Influencing Investors Mind Towards a Pump

By Maheen Hernandez

PayPal adding the Litecoin and other cryptocurrencies was an exciting news for the community in the past month.

The PayPal news is good news for mass adoption of crypto.  It has nothing to do about price.  There are some fanciful commentators who state that this news is a pump.

When any statement is made, lot of perceptions and assumptions come to the minds of the investors.

For those who do not understand what is pump and dump – some statements which are not true are made by the advocates of a crypto or stock, to excite the investors to put their…

When there is an exciting news about a token or stock usually the advocates try to take advantage of the statements and they try to pump the tokens to investors.

Social media platforms, bulletin boards, and similar platforms are where such pumps are made.

When talking about the influence of simple statements, Sydney Ifergan, the crypto expert tweeted:  “A simple statement like PayPal adds BTC, BCH, ETH, and LTC creates so…

While lot of statements are getting made about crypto, there are some people who will not trust in cryptocurrencies until it comes in to everyday use.

PayPal might be considered to be better and reliable than several other exchanges. Beyond the “not your keys not your coin” idealogy, PayPal is expected to be a must go place for…

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