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Analysis of the scandalous pump on the Binance exchange
Let's talk about the recent SNM token pump on Binance, - the price skyrocketed by 1000% in 48 hours and then fell almost to its initial level. Many managed to buy the asset they had no idea about until recently. Under the pressure of FOMO, of course. What is Rug Pull and how is it related to scam?
An abrupt removal of the token's liquidity by the project's developers is known as a "Rug Pull". It causes the asset's price to fall to zero, leaving investors to lose their funds. Rug Pull is one of the most popular ways of scamming in decentralized exchanges. What is a market depth chart, and how to read it?
Every cryptocurrency exchange has several tools that allow traders to make better trades. One of these tools is the market depth chart. It enables you to assess the current state of a token in terms of volatility and helps many traders to make the right strategy. 















