SENSO Token - Fake Trading Activity on Major Exchanges

Throughout December 2020 and January 2021, SENSO token demonstrated suspiciously high and stable trade volume on Bittrex, KuCoin, and Poloniex. Observed trading patterns are consistent with wash trading. Hourly volume on Bittrex, SENSO token, December 2020. One of the ways in which new projects can gain recognition and adoption from users is by rising in rank on sites like CoinMarketCap. Project teams will often solicit the services of market makers who create fake activity on exchanges in order to boost the ranking of their token. ...