Re: [ANN] LUNYR - Decentralized World Knowledge Base on Ethereum - Completed!
i think the price was being manipulated for the last couple of days. i saw that too in bittrex. i saw it was on 170k, then in just one day, it went down to 125k sats.. i dont hink it will not go down that fast even if the price ob btc increased. after that, it bounced up to 200k sats.. but i think lucky are those who have ride with the dump and rode with the pupm..
No, it only means one thing. The coin supply is low but the demand is moderately above satisfactory. Huge price swings means low liquidity. If there are more buyers, the price will be higher but less susceptible to volatility as there are more volume.