$SOMI why somi every day pump this time ?

Alright everyone,

Yesterday, I said that the most logical explanation for SOMI rising for the fourth consecutive day at the exact same time is that the project team is doing a buyback — injecting funds and choosing this specific time because trading activity is low.

However, today I found another possible explanation, though I consider it less convincing, and I’ll explain why.

I noticed that the moment SOMI jumps coincides with the opening of Asian markets — specifically Korea, Japan, and Singapore. The last one, in particular, has a major exchange that recently listed SOMI.

And the Korean community really enthusiastic about web 3 games

So when these markets open and traders see coins that are already moving up, they may decide to jump in and invest.

But the reason this scenario seems less likely to me is that SOMI does not continue its upward trend after that pump. What incentive would Asian traders have to invest if they know that users on other exchanges who bought earlier will immediately sell into the move?

And keep in mind: this has been happening for four days in a row at the same time.

That’s why, from my perspective, the project team buyback theory remains the more likely explanation.

It’s also a smart move because when you pump during the opening of the market, somi will appear ganier ( green ) and that will increase it is visibility and appeal

Anyway, both scenarios are possible.

Last thing.. if you wonder why the pump today was less than yesterday : that’s because BTC fell under 88000 so the whole market is very caution