gtag('config', 'G-0PFHD683JR');
Crypto News

Is the price of AURA COIN up by 3500 % a sign of carpet pulling?

Hala (Hala), a cultural symbol based on Solana (Sol), has risen by more than 3500 % in the past 24 hours, which represents an unusual price increase.

This dramatic rise has enabled many investors to secure great profits. However, market analysts warn that the assembly may be part of a larger carpet scheme.

Why does the price of Aura toKen rise?

According to the latest data, AURA was pumped from $ 0.001 to $ 0.037 at the time of the press. This represents an estimate of 3538 % during the past day. In addition, the market value increased from about $ 1.1 million to $ 34.4 million.

Aura's distinctive code performance
Perform the distinctive symbol of the aura. source: Tradingvief

The trading volume also increased by 106,684.40 % to $ 38 million, indicating a great interest and activity for investors. Aura has claimed the lead as the highest day Coingecko It is currently the most encrypted currency heading to platform.

Lookonchain data highlighted that the AURA rally allowed the whale to reserve a $ 104,000 profit.

“5 months ago, Trader FVABFC spent 24,000 dollars to buy 2.87 million aura, only to see it disrupted more than 90 %. But today, the aura suddenly increased 35x. They all sold 2.87 million aura compared to 128,000 dollars – more than recovering its losses and walking with an increase of $ 104,000.” to publish.

Another merchant also shared a $ 698,154 $ on Hura Holdings in X (formerly Twitter) mail. However, the assembly has raised red flags among market monitors.

One year -old AURA has been pumped from nothingness. He said.

Meanwhile, David, a user who specializes in monitoring and informing the coded currency fraud, signed the aura as “level 3 – expert’s fraud.” According to David’s participation, the aura lacks a clear benefit.

He pointed out that the distinctive symbol was created on May 30, 2024. The market value amounted to more than 70 million dollars, as AURA amounted to the highest level (ATH). However, it quickly decreased to about $ 600,000.

“He is designed to withdraw the rug! They are lucky because I did not start this work at that time.” mail Read.

Moreover, David raised concerns about the last price pump. He emphasized that he lacks any clear explanation, such as partnership or benefit behind the distinctive symbol. He said that the activity of buying the series suddenly rose around 6 pm UTC on June 10.

However, it is unclear whether this increase in activity is artificial or artificially driven. In addition, the thread indicated that the supply of the distinctive symbol is tightly controlled.

David highlighted that many of their best aura holders are “packages” of symbols. It is worth noting that these “beams” are not long -term or new possessions.

Distinguished code owners
Aura: Source: Source: X/David Crypto Scam Hunter

In addition, he pointed out that many of their senior holders did not buy symbols. Instead, they received it through transfers or divisions from other governors.

This nourishes the additional doubts about the manipulation or coordinated efforts to inflate the artificial code price. Thus, while the last gatherings led to enormous gains for some, their sustainability remains the subject of discussion.

Disintegration

In adherence to the confidence project guidance, beincrypto is committed to unprepared and transparent reporting. This news article aims to provide accurate information in time. However, readers are advised to independently verify facts and consult with a professional before making any decisions based on this content. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button