CTP: What a spread !
In last week's post, we were asking ourselves whether the CTP token would moon soon. Only one week later, we have a very special constellation on the market with an astronomic spread between buy and sell orders...
Check-out the video for more details
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The CTP token is doing fabulously well, I look forward to seeing more utility for the token.
Compared to other hive-engine tokens, CTP is doing really well. There are almost no tokens for sale at the moment!
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Thanks a lot for the curation!
It looks like the huge demand for CTP tokens on Listnerds is doing a great job of putting buying pressure. Eventually, this should die down as people get enough CTP tokens and I find it a bit tough to figure out where to save my CTP tokens for.
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I agree, once all users have enough CTP to verify mails, it's not necessary to have more of them.
That is a great increase Achim, and nice to see the CTP token doing well, as to calculating APR I always do 2 columns, one for Lowest Ask and one for Highest Bid, enjoy your day and stay awesome.
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That would probably be the most transparant way to calculate the APR especially if the spread is that big. Thanks for the curation!
Yeah then people can just decide what matters to them, stay awesome.
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I noticed those spikes too. Interesting buying pressure building for CTP tokens due to Listnerds.
It's difficult to evaluate whether this is something sustainable or just some users that need some more tokens this one time.
Thanks buddy for the update i dunno what it means 🤣
Sounds positive though have a great one @ctpsb
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A big spread means either a very dry market (not much going on) or that there is no agreement on the price. People either want to buy it very cheap or sell it very high. It's just a special constellation :-)
Thanks for the clarification have the best one
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