tf is this price chart?

What's wrong with it?

@Nebuchadnezzar_II it's literally flat

@esna7 not sure how thats considered flat? it went up 10 dollars (2.7%) over 12h

I believe the market is recognizing the true value of Monero. I was a bit surprised by this sudden surge, but perhaps it is just organic growth, especially following the attack on Coldcard.

@xbmrtc i am watching xmr for long and in the screenshot it's very much flat for one whole day and then afain.

it's unorganic movement, but it might be because of low liquidity. see zano chart

On coin gecko the news tab mentioned that some kinda options trading is now possible and that could be messing with the price

https://app.elfa.ai/tokens/eth/0x465e07d6028830124be2e4aa551fbe12805db0f5?mainTab=ask-elfa&secondaryTab=insight&insightId=787513&utm_source=coingecko&utm_medium=referral&referralCode=coingecko&utm_campaign=chart_section

But it's kinda crazy huh

Lol it is pumping now. I wonder if coldcard funds are being laundered...

@xenu true it's a typical setup for big buys, short or long iirc.

you need to have a stable buy price so the spread doesn't explode

@xenu it would seem that the launderers are being careful, timing big sells in between big buys to exploit overleveraged traders. Just like they do with memecoins. So interesting! Crypto is 1000 emergent and esoteric wars being fought at the same time, largely out of the sight of the public who think crypto is just some ridicules nerd thing (like they think Kazakhstan is just a funny Borat comedy).

^ wtf does that even mean? literal wallstreet wannabe out here stg