Free Coin (FREE) managed a spectacular pump on relatively small volumes, exploding on November 5 from $0.000003 to $0.000021 and rising more than 700% in the past seven days.

This new arrival on the crypto scene has barely a month of trading. The current pump is happening on 24-hour volumes of less than $5,000.

FREE is up 44% in the past day alone and is also extremely volatile. The pump is concentrated on Mercatox, where the final price is set by a trading anomaly. The extremely thin FREE/BTC market, with a volume of just $87, bid the asset up to $0.000065.

FREE was another relatively unknown coin until the pump almost pushed it into the top 100 of digital assets. This Ethereum-based token is owned by 4,533 addresses, with more than 70% of the supply held by Top 10 addresse…

This article appeared first on Cryptovest

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