Saitama Inu (SAITAMA) Discussion Thread

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old pig

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alpo said:
Nikkas got 80 m sitting on Coinbase
Like it’s 100 dollars
Click to expand...

there’s not enough volume for them to really dump it properly…I think that’s why it’s having a tough time cracking that zero permanently…they sell as much as they can every time it passes that zero…this happened to me with a coin (CLT)…I wasn’t a whale but the volume was extremely low…I’d wait til it hit $10 then sell as many coins as I could until the price fell below $10…then wait for it to run past $10 again and continue dumping until it fell below $10

with some of these meme coins sitting in wallets, the full worth of them (on paper) will probably never be actualized
 
Uchiha God

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satireprod

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papa surf said:
there’s not enough volume for them to really dump it properly…I think that’s why it’s having a tough time cracking that zero permanently…they sell as much as they can every time it passes that zero…this happened to me with a coin (CLT)…I wasn’t a whale but the volume was extremely low…I’d wait til it hit $10 then sell as many coins as I could until the price fell below $10…then wait for it to run past $10 again and continue dumping at that price mark until it fell below $10
Click to expand...

swapping it to ETH or USDC or Tether and transferring it to a ledger or different exchange wouldn't help with that issue (low volume)?
 
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old pig

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satireprod said:
swapping it to ETH or USDC or Tether and transferring it to a ledger or different exchange wouldn't help with that issue (low volume)?
Click to expand...

I honestly can’t say that with the amount of tokens these folks are sitting on…I know at times when I tried swapping the same low volume token to ETH, I would be given a drastically reduced price…they definitely wouldn’t get anywhere near full value per token…they’d only be able to receive what the volume on uniswap or wherever can accommodate…currently all the exchanges combined still don’t account for anywhere near the value of the tokens many of these whales are sitting on
 
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satireprod

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papa surf said:
I honestly can’t say that with the amount of tokens these folks are sitting on…I know at times when I tried swapping the same low volume token I would be given a drastically reduced price…they definitely wouldn’t get anywhere near full value per token…they only be able to receive what the volume on uniswap can accommodate…currently all the exchanges combined still don’t account for anywhere near the value of the tokens many of these whales are sitting on
Click to expand...

got you. I guess if the whales had their way they would have dumped most of their bags already :russ::mjlol::whoa:
 
10bandz

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Uchiha God said:


check the pinned comment:

“I no longer recommend Ledger given their recent database breach where customer data was exposed. Get a trezor rather”
Click to expand...



damn i have a ledger rn.....might need to switch to trezor :francis:

I've been liking the Ledger Live app tho, they've been adding tons of features. Does Trezor have something similar?
 
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