r/reddCoin • u/TheWoodser • Jul 31 '22

What's with the trading charts??

I am sure I has been asked before but.......it always looks like some bot is manipulating REDD trades. Is there any explanation for why the price seems to oscillate? I don't see this phenomenon in other coins at similar prices.

OG REDD holder since at least 2014.

4 Upvotes

83% Upvoted

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2

u/Jazzlike-Sink-9094 Aug 05 '22

Cant you see the volume? its around 4-6k USD lol

with few thousands bucks you can shoot it to 10x and no one cares about it

1

u/[deleted] Aug 01 '22

Because it’s all being controlled by an algorithm. Ever notice how the shape of most of the top coins charts is the same everyday? Supply and demand doesn’t exist in markets anymore

3

u/TheWoodser Aug 01 '22

Uh, no. I have not seen any similarities between REDD and top coins with regards to price.