Good question re Squid Game coin. My guess would be the market sell order ate through every single bid on the order book until there were literally no limit buyers left. But not sure. Crypto market structure twit please chime inhttps://twitter.com/frieddegenerate/status/1455356343041372166 …
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Replying to @Pigeonomics @chipflare and
For many of these shitcoin there are only thousands of dollars of immediate liquidity available
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Replying to @jgreco @Pigeonomics and
Hide Not Slide Retweeted zach
This thread will help for context as well. Low liquidity + whales that account for most of the circulating supply selling = YEEEAAAAHHHOOOOWWWhttps://twitter.com/zachxbt/status/1454199244860977152 …
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zach @zachxbt
1/ Let’s discuss @moon_guurl and how she rugged $islainu (a meme coin).
You may be asking why her? Well this tweet last night peaked interest amongst people on CT. I figured why not reach out to the team to see what happened.
Time for a deep dive
pic.twitter.com/GEU0695ZAC
pic.twitter.com/GEU0695ZAC
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7:27 PM - 1 Nov 2021
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