This AI-Related Cryptocurrency Pumps and Dumps: Did Whales Know About the Move?

While Bitcoin (BTC), Ethereum (ETH), and many other leading cryptocurrencies have experienced little to no volatility over the past day, the lesser-known altcoin Quack AI (Q) has taken a different path. Its price exploded by triple digits to a new all-time high, only to surrender almost all of those gains shortly afterward. Here’s what happened during the token’s wild ride. Pump and Dump Several hours ago, Q suddenly skyrocketed from roughly $0.05 to a new historical peak of almost $0.24, while its market capitalization surged to nearly $1 billion, making it one of the top 100 biggest cryptocurrencies. However, the rally was short-lived, and the coin quickly reversed course, currently trading near $0.06.

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