In spite of the General downturn in the cryptocurrency market scheme pump and dump continue to take place.
Yesterday, April 4, cryptocurrency ZCoin 10 minutes increased by 286%. At 18:49 GMT. ZCoin cost $28,75, and 18:59 the cost had jumped to $111,1. But an hour later (20:04) has dropped to $41,47, the growth per day is 26%. At the time of writing, the course ZCoin decreased to $27,29.
It is not clear exactly what caused such rapid growth and not less rapid decline. The last post in the official Twitter ZCoin says about the recent launch of a new mining-pool. But most likely we are dealing with the usual scheme of the pump-dump.
We welcome another Zcoin $XZC mining pool! https://t.co/vNMtL37EPq
— Zcoin (@zcoinofficial) 4 APR 2018
Meanwhile, the stock market returned to the red zone. Total capitalization was reduced to $257,6 billion Bitcoin trading at $6827,99 (-7,54%), Ethereum — $380,03 (-6,61%) and Ripple $ 0,4980 (-7,79%).
Only TRON shows an increase in recent days 25.60% 13.40% an hour on the news about the listing on Bithumb.
Bithumb is listing $TRX
— TRX Whale (@TRXWhaleSedat) April 5, 2018.