Important lesson on the price action!
Jun 10, 2022 5:41 PM
It seems like the BBS token is pumping right now if you look it up on Coingecko but don't be fooled, it's a little bit more complicated than that. With this post I'll give you an important lesson on the price action of small market cap coins like BBS.
Here on Coingecko it shows that the BBS token is pumping to nearly $0.04 but if you watch closer it's not exactly how it seems.

If you observe the markets where the BBS token is trading you can quickly see that this price action is only happening on one exchange (ZB). The other exchanges didn't pump. Why is that? Because of the low liquidity on that exchange! The only markets you should watch for low market cap coins are the ones with the most liquidity. For BBS that would be PancakeSwap and Bancor. There you can see what the current price really is.

Who wants to bet with me that the price will be soon lower again?
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