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/biz/ - Business & Finance

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58201530 No.58201530 [Reply] [Original]

What if someone sold $5m worth of SHIB, what would the market cap be?

>> No.58201544

>>58201530
That number means extremely little, as it's only a fraction of the total liquidity of the token. Most of the liquidity comes from exchanges at this point.

>> No.58201677
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58201677

Arbitrage bot will make money and stabilize the price I guess

>> No.58202417

>>58201530
>>58201544
What this anon said, this is a swap pool, that number is irrelevant. . If someone is going to sell $5m it’s going to be on an exchange with high volume.

>> No.58202448

>>58201530
I am so embarrassed about SHIB. That coin was on fire and looked like nothing could stop it. So I bought a huge pile at .000044. Which turned out to be the top. I’m going to be holding these bags for years. :’(