The Currency Analytics
By Dan Saada
Based on publicly available data, some cryptocurrencies are trying hard to pump in the collective cryptocurrency market.
There have been several cryptocurrencies that have been making sideways drifts operating within a range without creating any distinct trend.
Several mid-cap altcoins are showing substantial spikes over the past few days. Those investors who are oriented to the Altcoins have been using the term “Altcoins season” in the…
Thus, during this period Altcoins enter a parabolic state, and they grow in an unparalleled manner. This kind of a period is very much anticipated in the Altcoin market.
Sydney Ifergan, the CEO of TCAT token stated, “We are anticipating similar seasonal spikes in the price of TCAT tokens in the months to come.
Ifergan opined, "Many feel like they have been pumped and dumped because they time the buying disastrously.
Altcoin seasons have been happening all the year. Several Altcoins were as inexpensive as the TCAT tokens when they started too expensive now with 100% growth rate.
Augur (REP) is yet another coin showing some substantial gains. The price action for this coin oscillates showing pump and dump movements, therefore, providing for the…
Several Altcoins show dramatic spikes. They trade at prices very low today, and in just 24 hours they climb by 100% and go down the trend to the dump.
Pump and dump patterns provide for some decent money making. Watch Tierion (TNT) and Loopring (LRC) for sample pump and dump patterns.