Veritaseum seems to be getting stronger on the expectation that it will be traded on a larger exchange. I expect it will get a nice pop when it does because a new audience will be able to get a token that is already the 16th largest among all currencies and assets by market cap on Coinmarketcap and the second largest "asset" on the list trailing only EOS. With a market cap over $400 million I would not consider it a shitcoin. Clif High believes that banks will be the next big buyers and that they will take the price well above 1 ETH per VERI in short order. The chart pattern I see is not manipulation but people crowding into the trade before the next big pop. That pop could happen at any time but last an hour or less. That's why it's not selling off now. People want to sell at 2 or more ETH/VERI and believe they will be able to do so very soon.
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