🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Crypto Banter Alleges Price Manipulation by APTOS Developers

Published 01/28/2023, 05:22 AM
Updated 01/28/2023, 05:30 AM
Crypto Banter Alleges Price Manipulation by APTOS Developers

  • Ran Neuner identified large APTOS transactions from the dev team into Binance exchange.
  • He suspects the transactions could be aimed at manipulating the price of APTOS.
  • A user asked if the transactions could possibly be for providing liquidity.

Ran Neuner, the founder of Crypto Banter, has alleged some manipulation in the price of APTOS. In a tweet, Neuner accused the project’s team of keeping the token’s circulation low and tight, pumping the price, and then dumping dev tokens.

According to Neuner, the APTOS price is not under manipulation for the first time. He expressed shock that people still fall for the old trick even after experiencing the bear market. A similar incident happened in 2022, which he expects should be a lesson for the community.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.