We have a lot of positives on MM at the moment, including Metafora and the number of holders growing steadily. Despite this we appear to have an endless cycle of pump and dump on the price of MM?
What is causing this and what has to happen for this to stop so that the price can gradually start to rise?
a $1,000 $MM purchase on AVAX would push the price up 12.36% on the AVAX network. $500 - 7.5% , $250-5% . No wonder people are buying/selling small amounts. The price moves too much ! Probably the same with other networks with low liquidity.
https://snowtrace.io/token/0x993163CaD35162fB579D7B64e6695cB076EF5064
@RomanistHere the bots and people step in quickly and dump on you when the price goes up to fast in a short time. but yeah, basically if nobody sold. LoL
@BankHead @DarthVader I wonder if we can figure out strategy how to make bots work for us.
Bots should most likely have some idle time after it bought or sold. So if we pump the price a bit -> trigger them selling and make the price go down a bit -> start buying it, so the bots won't have time and deeps to buy. It can lead to price stabilizing at higher level and marketplace bots losing money. Win-win!
@RomanistHere there's a set to where u won't get beat by the bot on BSC but the thing if u don't use the set up on by and sells they can front sell u and vice versa
@RomanistHere look at the time stamps of the sells. it's seconds after a buy order goes through. at least one bot is dumping and probably making good money. transfer MM from another ecosystem to AVAX and dump if the price rises to quickly. I'm not going to pump a bot bags. LoL
