World coin has just pumped after the CEO was dumped from OpenAI. Rumors are circulating that they'd gotten more investors to join in on the project. Private equity firms and hedge funds are the likely culprits behind this extreme jump in price. Everyone is making money right now which is just extremely unbelievable. And the big boys want to join in on the fun us normies are having.
It's not just world coin that had pumped. PEPE was one of the few tokens that had seen similar 20% spikes - but pepe is now down and back to normal levels. This is likely because of the loss of confidence the creator had instilled into the project through his sellout position on the project - he had cashed out 16 million dollars causing a slide in the price of nearly 9%.
This is what the crypto world is likely going to continue looking like for a long, long while.
It's just what we're going to have to get used to - pumps and dumps. All we can do is invest and stay weary. Or just not invest..at all.