What is XNY coin?
XNY is a crypto token used in decentralized data and AI projects like Codatta, where users can monetize data and participate in governance. �
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Why XNY Coin Pumps and Dumps
1️⃣ Low Market Cap
Small coins like XNY have low liquidity, so even small buying or selling can move the price a lot.
Few buyers → price goes up fast (Pump)
Few sellers → price crashes (Dump)
2️⃣ Speculative Trading
Recent analysis shows XNY price increases often come from speculative buying and high trading volume, not real news. �
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Example:
Traders buy → price rises
Traders sell → price falls
3️⃣ No Strong News
If there is no major announcement:
Price goes up temporarily
Then falls again
This causes pump & dump behavior. �
CoinMarketCap
4️⃣ Whale Manipulation
Large investors (whales) can:
Buy cheap
Create hype
Sell at high price
This is common in crypto pump-and-dump schemes. �
F-Secure
Simple Example
XNY price = $0.003
Traders buy → price = $0.006
Whales sell → price = $0.002
Result = Pump & Dump
✅ Conclusion:
XNY pumps and dumps mainly because:
Small project
Low liquidity
Speculation
Whale trading
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