ONT May Experience a Classic Pump and Dump
Ontology native token prices surged by 14.0% to $0.194. Prices were moving close to the 50-day EMA and suddenly jumped up. The gain were almost erased by mid-Friday, as ONT dropped to $0.176. The are no news that could help the token to perform such elevated volatility. So, we may have witnessed a classic Pump and Dump scheme. Moreover, such movements are often followed by a serious decline of prices. In this case prices may dive to $0.100 per token if prices would pass the support at $0.150 per token.
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