03-23-2022, 03:39 PM
All the 'dead' 2017 coins are pumping and it's weird
<!-- SC_OFF --><div class="md"><p>I just noticed that, if you look at the top gainers in the top 100 the past week, weirdly many of them are of the "popular coin in 2017/18 that seems pretty abandoned and noone is talking about anymore" variety. Ethereum Classic is the top gainer (+82%), but others like Dash (+36%), Bitcoin Cash (+27%), Zcash (+27%) and EOS (+25%) are in the top gainers as well.</p> <p>That feels a bit weird. Why the sudden spike of those coins nobody usually cares about anymore? Purely anecdotally, this feels like a bad sign, as I seem to remember coins like that pumping has happened shortly before dumps in the past.</p> <p>What do you think, just the randomness of crypto? Or am I missing something?</p> <p>Edit: just to clarify (as some have rightly made comments about this): all those coins are still down <strong>a lot</strong> from their ATHs, they just performed better than almost all other coins in the past week</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tkopt7/all_the_dead_2017_coins_are_pumping_and_its_weird/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tkopt7/all_the_dead_2017_coins_are_pumping_and_its_weird/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I just noticed that, if you look at the top gainers in the top 100 the past week, weirdly many of them are of the "popular coin in 2017/18 that seems pretty abandoned and noone is talking about anymore" variety. Ethereum Classic is the top gainer (+82%), but others like Dash (+36%), Bitcoin Cash (+27%), Zcash (+27%) and EOS (+25%) are in the top gainers as well.</p> <p>That feels a bit weird. Why the sudden spike of those coins nobody usually cares about anymore? Purely anecdotally, this feels like a bad sign, as I seem to remember coins like that pumping has happened shortly before dumps in the past.</p> <p>What do you think, just the randomness of crypto? Or am I missing something?</p> <p>Edit: just to clarify (as some have rightly made comments about this): all those coins are still down <strong>a lot</strong> from their ATHs, they just performed better than almost all other coins in the past week</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mic_droo"> /u/mic_droo </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tkopt7/all_the_dead_2017_coins_are_pumping_and_its_weird/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tkopt7/all_the_dead_2017_coins_are_pumping_and_its_weird/">[comments]</a></span>Kind Regards R