Hi all, I wanted to get your take on the $ALPACA debacle we’re seeing right now. While delisting announcements typically cause price drops, $ALPACA's price paradoxically surged immediately after the announcement. I don’t have the tools to understand what is going on and who is behind this pump, other than understanding that a low MC coin like this can easily double in price with a 2 - 3 mil injection.
What’s your take on this? Is it a new strategy to liquidate shorts who usually stalk delisting coins?