Hey everyone by now most are aware of the total debacle that has Centra has become. Since the time that it was revealed to be a fraud, the stock has plummeted 80%. Today as time is running out before binance delist the coin, we are experiencing what is called an exit pump.
Exit pumps tend to happen the day said coins are to be delisted. What generally happens is a whale will pump the price of a coin knowing that is will be an easy task due to a majority of tokens being pulled off of the exchange. Once the coin gains traction and others buy into said coin, the whale will dump their share onto the unsuspecting marks.
So just a word of caution Do Not buy into this pump
This is post has been made just in the nick of time. Warnings like these can save a lot of unsuspecting newbies from traps. This is first post with a centra pump warning I have seen. I congratulate you for putting it out there at the right time.
Great work, Thanks!
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Thank you my friend. I only wish i wrote this when I seen it coming last night. I hope it saves some one some money.
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We can only do our best, right?
At least you made the post man and apparently this is the first and probably the only one about the fake pump.
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True. Until next time
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I lost some money on this criminal's coin. The pump probably gave a little time to bail on the way down. Appreciate the warning from @crypto2crypto
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Man, people are so ruthless. If there's people like that over there it's no wonder it failed and that there is fraud over there. I don't know much of about central, except what I've learned here from you. I don't know if I could keep up with all of this stuff. So thank you so much. I hope you have an awesome day brother.
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Yea it's definitely the wild west out there. I will try my best to keep you all posted.
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Thanks for sharing
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No probem.
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Whales are always one step ahead of us ...
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It would seem that way. Until you learn to play their game.
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Getting into the game is far away like 10000 years away....becoming whale is a dream
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All right! Thanks for sharing such important information @crypto2crypto.
is a great help for those of us who are not very nurtured in the subject. Excellent.
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excellent explanation, unrivaled writing. Thanks for sharing with us.
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