It is annoying that Pure's main exchange, coinexchange.com happens to have the wallet in "maintenance mode" right now and deposits are not completing/coming through!
Holy shit then no wonder why they are pumping it like hell spiking it up all the way to 30k. Cryptobridge wallet it's online I think but the liquidity there sucks.
The sell book on CE went down to 35k PURE at one point, back up to 62k PURE now.
Buy book relatively thin too, won't take a lot to dump back under 20k sat.
oh no I wasn't talking about the sell book but I do see it's still at around 60k PURE. I was talking about the price in sats but you can't even sell at these prices with the wallet on maintenance mode. So yeah guys be careful if you are considering buying at these levels. You know a rally happens because of two reasons (when there's no margin trading involved):
1. the pump wants to encourage people to sell at relatively short term high prices but they are actually low prices considering long term so they can't afford buying what they sold later on.
2. they just want to manipulate the charts and don't have enough liquidity to sustain potential sellers so they co-op with the exchange and freeze the wallet.
It seems that 1. is taking place considering now there's good volume, coinexchange wallet is back online and price is still recovering to last local high. I'm excited to see the dex live, but hopefully dumping doesn't happen by selling the news of the dex.