If you want to see a classic illustration of a pump-and-dump scheme, then check out the Insight Chain chart. On July 27th, one INB was trading at a price of around $0,3 per coin. 24 hours later, the coin got pumped to $2,4, having recorded an even heavier pump against Bitcoin. Another 24 hours have passed and ING was back to its usual $0,3 per unit. That was a textbook market manipulation. No wonder, given that this coin is being traded mostly on one cryptocurrency exchange - DragonEX.
INB has been pumped enormously in mid-December, which, as I suspect, has some funny smell to it. But then I checked the market cap and the trading volume of Insight Chain ($189 thousand and a laughable $179, respectively) and everything became clear. Also, this coin is traded only on Livecoin exchange, which makes it a perfect candidate for price manipulation.
It appears that Insight Chain is gearing up for another pump-and-dump, which had already happened once this June when the price of INB had skyrocketed to $4 in a matter of hours, and then crashed as fast to its usual levels of $0.3 per coin. Now, it's up 5% in a day whilst the rest of the market is largely red. I am not suggesting that one should go and buy a ton of INB and await the trip to the "moon". It just shows that the sole purpose of this particular cryptocurrency is to be a part of some scheme.
Is this a scam? Look at the first part of the description: insight Chain, a decentralized research ecosystem chain based on blockchain, will focus on data ecosystem on the blockchain domain firstly, works on building Wall Street-like financial order in the blockchain domain. What Does This Even Mean?
By Insight Chain, analyst can make research on crypto-currency companies, media and investor. Research data will be saved on the blockchain to keep data reliable and traceable.
* Crypto Rating accepts no liability for content of the Insight Chain reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 70.4% | 54 | $28 066.66 | 1.34% | 4.74% | $542 437 239 798 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 79.2% | 39 | $1 789.57 | 1.88% | 2.34% | $218 996 509 081 |  |
|
| 3 |  USDT |
Tether predictions | 93.6% | 1 | $1.001142 | -0.17% | -0.11% | $78 575 728 756 |  |
|
| 4 |  BNB |
Binance Coin predictions | 73.6% | 51 | $323.24 | -0.82% | -3.97% | $51 037 143 522 |  |
|
| 5 |  USDC |
USD Coin predictions | 92.8% | 2 | $0.999814 | 0.02% | 0.03% | $34 407 684 690 |  |
|
| 6 |  XRP |
XRP predictions | 86.8% | 21 | $0.431011 | -2.63% | 15.02% | $21 960 407 308 |  |
|
| 7 |  HEX |
HEX predictions | 58.8% | 82 | $0.100734 | -20.12% | 13.44% | $17 468 467 379 |  |
|
| 8 |  ADA |
Cardano predictions | 78% | 44 | $0.362106 | -2.95% | 6.35% | $12 572 910 866 |  |
|
| 9 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 71.6% | 51 | $0.074956 | -3.44% | -1.02% | $9 944 529 563 |  |
|
| 11 |  MATIC |
Polygon predictions | 74.4% | 48 | $1.11 | -1.27% | -8.22% | $9 721 254 465 |  |
|
| 12 |  SOL |
Solana predictions | 71.6% | 52 | $21.64 | -0.76% | 4.61% | $8 304 118 412 |  |
|
| 13 |  BUSD |
Binance USD predictions | 94% | 1 | $0.999612 | -0.02% | -0.10% | $8 060 892 614 |  |
|
| 14 |  DOT |
Polkadot predictions | 74.8% | 49 | $6.14 | -0.90% | -5.11% | $7 183 412 082 |  |
|
| 15 |  LTC |
Litecoin predictions | 70.4% | 59 | $92.03 | 0.57% | 9.30% | $6 677 190 783 |  |
