@CryptoGeezer if BTC doesn't fall below 30K, MM won't be lower than 10-9$.
If BTC will go to zero, MM will go as well - as simply as that
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@CryptoGeezer We will be lucky to see 7.
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@RomanistHere million can’t go to zero. It’s pegged to a one dollar floor.
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@RomanistHere
No, BTC can go to zero or minus 1 billion in price and MM will not go to zero. MM might go to close to $1, but probably not. $3 would be the lowest imo.
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@CryptoGeezer
I think that is the lowest we could go IF Bitcoin drops to zero. If Bitcoin dont drop to zero i dont think we will see prices below $7-$8 except for quick wicks from large sells.
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@DarthVader
I dont see any $9 on quickswap, unless you mean quick wicks weeks ago. I dont care for wicks btw, ofc a big seller can drive down the price to $1 on uniswap, or even below $1 on any other pool/dex, in one sell if they chose to. And it would be bought back up quick. The important thing is what price it can go down to, without recovering in a long time.
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