Quote Originally Posted by Poopadoop View Post
Hmm, now I think of it, that's not really what seems to be happening. It's more like there's a bunch of coins, and every once in a while one of them gets a kick and starts going up. The rest just seem to sit there doing nothing. Seems more consistent with the market encouragement/manipulation theory actually.
With the low market cap coins, yes I think this is a factor. I suspect there are organised whales moving from coin to coin pumping them and then dumping and moving on to the next coin.