Crypto Banter Alleges Price Manipulation by APTOS Developers
Crypto Banter Alleges Price Manipulation by APTOS Developers
- Ran Neuner identified large APTOS transactions from the dev team into Binance exchange.
- He suspects the transactions could be aimed at manipulating the price of APTOS.
- A user asked if the transactions could possibly be for providing liquidity.
Ran Neuner, the founder of Crypto Banter, has alleged some manipulation in the price of APTOS. In a tweet, Neuner accused the project’s team of keeping the token’s circulation low and tight, pumping the price, and then dumping dev tokens.
According to Neuner, the APTOS price is not under manipulation for the first time. He expressed shock that people still fall for the old trick even after experiencing the bear market. A similar incident happened in 2022, which he expects should be a lesson for the community.
$APTOS is literally repeating the 2022 playbook of keeping token circulation low and tight, pumping price (starting in Asia) and the dumping dev tokens. How are people falling for this having bee …
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