The power of the Centralized Exchanges

Just yesterday evening, while resting (and playing @drugwars ) at my hotel room, I was having an exceptional, as usual, Crypto phone chat with my bro @beiker …

We spent more than an hour talking about the life in general but also mainly on crypto and blockchain tecnology… I don’t know how it came but I named DOGECOIN as one of those cryptos that used to have always incomprehensible PUMPS not justified afterwards by any new apparently…

Well, exactly 50 minutes ago, BINANCE announced the LISTING of DOGECOIN in the Exchange:

” Binance will list Dogecoin (DOGE) and open trading for DOGE/BNB, DOGE/BTC, DOGE/USDT, DOGE/PAX and DOGE/USDC trading pairs at 2019/07/05 12:00 PM (UTC).  “

What is happening now at the markets?

Suspiciously around 20′ before the TWITTER announcement, we have a LOOOOOONG GREEN candle of 50% higher price…

This long first candle is right now moving all DOGE price at a higher estratospheric level because uninformed people are just buying following the stupid new…

What is going to happen next?

Obviously, the same who put the massive order at the begining of the PUMP will sell taking all the money of enthusiastic people…

I don’t have anything against DOGECOIN, for me it is not a SHITCOIN as others think it is, DOGECOIN shares the 99% of CODE with BITCOIN…

… but it is a pitty that still Centralized Exchanges keep using these kind of tricks to increase massively their benefits in a very shady way

aaaaah how I would like to see a real DEX massively adopted by Crypto investors…


Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

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