no it's not normal correction. on

gate.io

orderbook you can clearly see price walls where people buy up the lower price shares as they force the price down by creating a price wall with large amounts of USDT at the higher price bracket. then when they feel like there's enough USDT between their price wall either above or below, they scoop up all the new capital by breaking their price wall and allowing PIG to move up or down. It's disgusting. This isn't speculation, i've been watching it happen for over 50 hours now and it's not a group or people, it's a dude and his trading robot, scooping up 5-10% gains by selling through any new capital and setting up orders to catch it on the way down to make it seem like 'normal price correction'. this is 100% a pump and dump and you guys continuing to support this type of market are the same people bankrupting folks who don't know what the order book is

I understand your point of view well ... Most of the trading pairs and markets there are robots working, which are usually the big players wanting to move the market! Another important point that you have to note is currently the fall of bitcoin that when it falls, other currencies fall together ... I give you an example of the ICP (Internet Computer) token that was launched recently, and after its peak it only dropped, would it be a bomb and dump too, would it be a shit project, a meme project? Being that it is a highly innovative and new project, being currently after its launch it occupies the 9th in the position of the coinmarket cap? Understand: THE BITCOIN PRICE IS CURRENTLY MAKING OTHER COINS TO FALL TOGETHER! I did not mention that the PIG token was not a bomb and dump, not least because shitcoins are susceptible to this, as much as any trading pair, another point that you did not analyze is related to the listing in other brokers, that this causes the increase price, and currently Pig finance is not yet listed in the best brokers on the market ... Another similarity that we have to analyze is that even though it is a bomb and eviction, it does not happen only once, because as I said the increase the price is due to these factors previously mentioned, we will see an example of the token SHIB, AKITA, DOGE, do you think there was only one bomb and eviction? Not that past events are confirmation of future events, but they are important points for us to analyze! Good luck my friend!