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 | 86% | 25 | $57 475.88 | -0.31% | -0.39% | $1 135 311 490 122 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 75.6% | 41 | $2 339.21 | -1.26% | -4.45% | $281 472 747 194 |  |
|
| 3 |  USDT |
Tether predictions | 96% | 1 | $1.000165 | -0.01% | 0.02% | $118 395 945 443 |  |
|
| 4 |  BNB |
Binance Coin predictions | 79.2% | 30 | $532.26 | 1.99% | 5.14% | $77 674 310 031 |  |
|
| 5 |  SOL |
Solana predictions | 80.8% | 37 | $132.25 | -3.62% | -0.63% | $61 883 929 991 |  |
|
| 6 |  USDC |
USD Coin predictions | 94.8% | 1 | $1.000008 | -0.02% | 0.01% | $35 362 754 471 |  |
|
| 7 |  XRP |
XRP predictions | 83.6% | 33 | $0.537441 | -0.35% | -3.72% | $30 273 691 657 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 84% | 29 | $0.101610 | -1.13% | 3.83% | $14 826 447 725 |  |
|
| 9 |  TON |
Toncoin predictions | 62% | 77 | $5.29 | -3.16% | 15.09% | $13 396 592 479 |  |
|
| 10 |  TRX |
TRON predictions | 69.2% | 55 | $0.152992 | 0.30% | 2.28% | $13 266 006 143 |  |
|
| 11 |  ADA |
Cardano predictions | 80.4% | 37 | $0.344166 | -0.21% | 7.01% | $12 376 421 831 |  |
|
| 12 |  STETH |
Lido stETH predictions | 93.2% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 13 |  WTRX |
Wrapped TRON predictions | 93.2% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 14 |  WBTC |
Wrapped Bitcoin predictions | 94.4% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |  |
|
| 15 |  AVAX |
Avalanche predictions | 69.2% | 61 | $23.47 | -3.25% | 7.04% | $9 511 202 705 |  |
