who's pulling the strings on this pump, or was it just a coincidence?

I've been thinking about something for a while now. There’s this specific coin that once made a lot of money for traders, especially those into memecoins, but then it dropped back down to a $10 million market cap after everyone took their profits. I even heard it missed getting listed on a major exchange and just faded into the background. But out of nowhere today, while the rest of the market is in the red, that coin, $jellyjelly, shot back up to a $400 million market cap. So, I’m really curious, who’s behind this sudden surge, or was it just luck? Just imagine if I had jumped in early on some CEX Onchain where it was available! I could’ve multiplied my investment by 10. I didn’t get in that early, but I still made a nice profit! Plus, I got to join in on Phase 26 as part of a trading challenge.

The massive pump happened yesterday and drive the price to $0.5, for the fact that this memecoin has been manipulated before and then dumped and abandoned, you can not expect any tier 1 exchange to list such token. This sudden pump of yesterday was not luck but a real price manipulation by some whales or the project owners. According to the findings of Bubblemaps, about 7 wallets was detected for withdrawing up to 20% of the $jellyjell supply, the withdrawal was from 2 exchanges and this was done to create artificial scarcity.

Memecoins are jokes dont take them seriously as there is alot of manipulations around their market,  most of the time, you see and expected positive  market actions from them, but in few seconds you will see those coins taking a turn from the uptrend to a massive dump without any possible recovery in sight.

Either an insider trader or someone with loose screw buying meme token that is long dead for a chance to create a hype and dump it to user that will follow the hype. But most of the time it’s an inside trader related to the team. They are probably holding some information that will be crucial on the token price valuation or a team that wants to hype their token since it’s easy to be noticed when you pump it on a bleeding market. I doubt this is just some random guy buying dead meme coin with that huge capital out of nowhere.

From my little experience the dump are usually being carried out by the team, they add little liquidity to pump it to attracts more traders in on their projects, and the reason for this dump is as a result of those who invested at their initial seeding or token sale would want to cover up their investment and when the team has also promised them that they would list at price x or possible the price will get to a particular, which they will end up doing it just for those people to make their profits back. Most time those who invested when the coin pumped so higher are the people who ends up regretting that is why it is not advisable to jump into such project to make investment because they could dump the coin on their head.

What I see here is a big manipulation from big whales. Don't trade on this; it isn't easy to make a profit. If you made a profit recently, don't reenter; they can easily wipe you out if you don't have much knowledge about trading. Analyzing its charts doesn't show many patterns to predict what the next move of this will be, but based on structure, it looks like pro traders use volume profile in a daily time frame to determine the current support before the big pump. I see a big rejection at POC and absorption on CVD before the huge price pump, meaning there are some strong or big whales that control the price that attract retail traders to trade too. You should have a tight SL here. If I were you, I would have spotted it at a lower price. I'm going to squeeze it and make sure I am following the trend using stop trail to squeeze more profit. If you have CVD, you should be aware of their intention if they want to pump this coin or not.

MMT went from $0.29 to $6 in just a few hours. JELLYJELLY went from $0.16 to $0.55 in just a few hours. GIGGLE went from $47 to around $274 in a day or more. CUDIS went from $0.03 to around 0.39 just a few hours. This isn't a "lucky move" and luck doesn't exists in trading for me. Who's behind the pump? Market makers or market manipulators whatever you want to call them. Nowadays, coins like these are very easy to pump and dump because they have lots of money, and because of this, many are losing money as well because they're hoping that they can ride the wave for easy profits. Imagine here, imagine there, imagine everywhere. We can imagine all day, all night, but if you're not lucky to catch those big moves, you will not make money. What I would suggest is that, if it pumped already, just wait for the market to dump then just go short. Of course, there's still a risk that it might go up again after a short correction.

Those who have a lot of money manipulate the price and attract more panicked people to join. Lucky for them but not for others because they only lose their money. They buy at a high price because they are late to join and think that the price can still increase. But what happens next is the price dump so hard and back to the lower price and leaving those who buy at a high price regret. I consider that if you are one of those people who make a big profit, you are lucky. You are in the right moment and the right time to make a big profit. But you can not expect to have the same experience with the other coins. You don't know which coin will get pumped so hard.

The main reason Bitcoin soared was when large investors and whales began buying in large quantities, causing the price to rise dramatically within 24 hours. On the other hand, the small supply of Bitcoin, while market demand was greater, created a bull market for cryptocurrencies competing with investor sentiment. Bitcoin's price movements are highly mysterious, and this global asset is influenced by various factors. If you enter during the initial pumping phase, you will likely profit, but if you do, you will also lose. We recommend taking these issues more seriously, as the person pumping the price remains a mystery.

The most plausible scenario is insider tricks, as they initially locked up more supply than was in circulation. When liquidity began to thin (market depth was shallow) due to long-forgotten markets, MMC simply pushed the envelope with a few large orders to break through the remaining sell order barrier. The first 300% increase triggered retail FOMO kick in, which contributed to the next increase in multiples, not fractions of a percent. I've never seen a Bitcoin chart this terrifying, let alone now.

Was surprised to see jelly jelly making some moves, how did you know when to catch it?. Seems you have insider information? 😉. I'm looking atTrump token too as it's doing well mostly.. btw, is this the onchain challenge??

I don't think any pump in the meme coin market is always a lucky move because speculation has a lot do with it mostly coming from those who are the founders or associates and it is the result many atimes of a well coordinated trading activity. The pump from $400- $500 million market cap was a clear product of market sentiments and recent liquidation in the crypto currency market, and it shows how susceptible to high volatility such meme coins are, because once the large investors start selling, the market will tend to crash or meme coins will dump.

Meme coins are pump and dump coins, and they are heavily manipulated. There is no utility for the $Jelly token, much like every meme coin, so its pump is basically just manipulation and nothing else. People who would get interested now that the price surged a bit could have themselves to blame when it dumps on them, and the "manipulators" make their money. I consider meme coins to be gambling and that is why i hardly waste my time with them. It is "entertainment", and if you are lucky, you make some money, but if you are not, you lose much more.

Right and most memecoins these days have a short lifecycle which can be a few weeks/months and max up to an year, unless it's some crazy popular meme like SHIB or backed by Elon like DOGE. Instead of trying to play this pump & dump game, it's better to trade standard coins on 10-20x leverage, if you are willing to take the risk. Because at least here you can analyse to some extent and make predictions but that's just impossible in the pump & dump game, where the token itself might bleed out slowly by time you plan to close the trade lol. Now there are various platforms offering even 100x leverage so if you want to take insanely high risk for potentially great profit, try those.

It's not strange that memecoins suddenly pump hard because there is definitely a big manipulation by insiders to pump these memecoins when the market is crashing, it's not strange this is common because I often see sudden big increases. Likewise, this sudden dump of memecoins is likely the work of whales who are trying to withdraw profits after this memecoin rises continuously which eventually dumps a lot of memecoins into the market to become chaotic. Indeed, this is not a matter of luck with the pumping but has been planned.

More like who's behind the manipulation time of shi. Trenches aren't good these days not because of the pump of dumps but it's moat likely holders aren't holding that long or they just want to rotate from narrative to narrative. This is the kind of thing that's going on with this token, there's probably a manipulation of price, if you caught it that's a good thing but I'd rather take profit now or sell a percentage from your portfolio and ride the rest.

The bigger fish survives by eating the small ones. The same applies to trading, where people of groups with massive capital manipulate the market and force small traders into liquidation. Recently when BTC suddenly dropped, the Binance stopped working. While people can say that was just a coincidence, it's entirely possible that they calculated how much price needs to drop to cash all the small traders and then they panned Binance halt so people cannot do anything but wait and watch their money go. I never understand how such a big platform suddenly stops all the operations when market collapses. Yeah there is more loan on the serve but how come no one is able to access their funds, trades, etc while the platform will liquidate those same trades. If the platform is down so should be the trades. I am starting to believe that these big exchanges work with whales and kill small traders.

This sudden pump and hike in volume is the reason why top exchanges will avoid listing these kind of coins. These coins are either being manipulated or people are so dump to follow a specific news or update and start buying blindly. It is clear that there were market manipulations because a sudden hike in the market cap does mean that huge money is flowing into circulation which will wipe a lot of innocent's profits. People will think of this as a get rich quick scheme where they can make 10x of their capital within a day but hardly a few will consider the downsides where our entire balance can become worthless in just a couple of hours if these manipulators decide to rug pull.

Well, in case of Binance going out of service at the exact time of the crash does seem fishy and this has been a debate since then, which was the reason why they were forced to compensate some of the traders and repay a portion of their losses as a gesture of goodwill, but that didn't and couldn't cover all the traders and the amounts of money they had lost in the crash and also because they couldn't access the platform or their accounts so that they could at least close their trades before they get liquidated. Now talking about big fishes or whales eating small ones then that's how it works even in the ocean, whales and other big fishes eat the small ones and that's how they live, and the same thing happens here, they manipulate the prices, create panic in the market, and small traders start selling because of panic and then they buy everything from them at a cheap price, and then they pump the market again to secure their profits. That's how they make money with money.

Exactly. Tier 1 did their own due diligence, they see this coin as too volatile so they didn't list it. If the coin so good the tier 1 exchange would've listed it from long ago. Anyway this kind of pump is definitely not normal, reminds me of moodeng or even TRB. One thing for sure though eventually the whale will take profit at some point so beware. If it goes up fast it can go down fast.