DNT shilling backed by Pump/Signals group?


DNT's sudden pump


Over the weekend, DNT went from 308 sats to a local high of 426 sats (+38%) with no news or announcements in sight. It eventually topped out and began retracing.


In the weeks prior to this, there were little to no mentions of DNT, the last notable mention was on 29th March. Even so, the latest spike overshadows the # of DNT mentions for the year so far. Interestingly, their twitter followers have been growing since bouncing off 12th Apr.


We also observed pump/signal groups taking advantage of this price rise by claiming to be responsible for it in various telegram channels.

Pump/signal group Telegram spam


Which leaves the question, could it be a coordinated shill attempt?

Thanks for reading!

If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!

0

Conversations (0)

No comments yet
Be the first to comment