Someone once asked how to tell whether a coin is being manipulated by a market maker.
There are many factors to consider.
For example, some older coins have started getting listed on Korean exchanges over the past couple of days.
That means there must be a market maker behind them.
You might not be able to tell whether they’re a strong or weak market maker, but there’s definitely one involved.
Korean exchanges wouldn’t just randomly decide to list a coin that isn’t new and isn’t particularly popular.
Whoever pays is the market maker.
$KAIA
There are many factors to consider.
For example, some older coins have started getting listed on Korean exchanges over the past couple of days.
That means there must be a market maker behind them.
You might not be able to tell whether they’re a strong or weak market maker, but there’s definitely one involved.
Korean exchanges wouldn’t just randomly decide to list a coin that isn’t new and isn’t particularly popular.
Whoever pays is the market maker.
$KAIA