Last Night’s Surge

My theory on the pop last night:

Because the pop wasn’t showing on platforms outside of Binance.us, no one was placing limitsell orders. There would be 100 shares available at $.11 and then 300 at $.113 and then 50 at $.12.

When a large player tried to enter a position (500k coins) they had to take a ton of sellorders out to make it happen. Forcing the price to $.15.

Once again, it wasn’t listed anywhere else, so the buy momentum was gone as fast as it came. Looking at the order book now, we’re defiantly stuck sub $.10…..