Right now? Its circulating supply is actually lower than BTC's. Yeah, you read that right.
But here's the kicker - liquidity is razor-thin. Drop a million-dollar market order on certain exchanges and watch what happens. Price instantly shoots up 3-5% on a single candle.
Order books are paper-thin. There's just not enough depth sitting there. Most people have no clue how illiquid this asset really is.
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MemeTokenGenius
· 13h ago
Wait, the liquidity of XMR is so poor? Isn't that a double-edged sword? Scarcity is one thing, but it can't be sold at all.
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BearMarketMonk
· 14h ago
With such poor liquidity, who would dare to really invest money?
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0xSherlock
· 14h ago
Such poor liquidity? Isn't that a double-edged sword? It's easy to pump and also easy to dumping.
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GasFeePhobia
· 14h ago
The liquidity of XMR is really scary; a large order can just crash it. Who would dare to hold a large position?
XMR's scarcity is seriously underestimated.
Right now? Its circulating supply is actually lower than BTC's. Yeah, you read that right.
But here's the kicker - liquidity is razor-thin. Drop a million-dollar market order on certain exchanges and watch what happens. Price instantly shoots up 3-5% on a single candle.
Order books are paper-thin. There's just not enough depth sitting there. Most people have no clue how illiquid this asset really is.