mohamed736
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The currency $ALPACA will be removed from the Binance platform, yet it has risen to subsequent levels with an increase of more than 7 times in one day.
This means if you had invested $100 in it yesterday, you would have more than $700 today.
For those who are unaware of the reason for its rise, simply put, there are many who bet on the decline when a currency is delisted, but market makers eliminate them by raising the price of the currency, and as the price increases, more bettors come in, prompting market makers to raise the price further.
Once the sentiment turns positive regarding the currency, meaning traders expect further increases, and long positions begin to rise, market makers immediately drop the price as if the currency had jumped off a skyscraper 😅.
I advise you, dear ones, to trade cautiously, and if you want to speculate, don't forget to set a stop loss.
$BNB
This means if you had invested $100 in it yesterday, you would have more than $700 today.
For those who are unaware of the reason for its rise, simply put, there are many who bet on the decline when a currency is delisted, but market makers eliminate them by raising the price of the currency, and as the price increases, more bettors come in, prompting market makers to raise the price further.
Once the sentiment turns positive regarding the currency, meaning traders expect further increases, and long positions begin to rise, market makers immediately drop the price as if the currency had jumped off a skyscraper 😅.
I advise you, dear ones, to trade cautiously, and if you want to speculate, don't forget to set a stop loss.
$BNB
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