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RE: My Hive Engine Tokens Snapshot Tool: Now It Becomes Really Useful
could make a dynamic calculation? tokens with a wide spread or low sale volume i guess its optimistic even the average
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could make a dynamic calculation? tokens with a wide spread or low sale volume i guess its optimistic even the average
I thought about it too. But volatility can go both ways on low volume. And these market movements can be very unpredictable. It's true, if you want to liquidate a high amount of low-liquidity tokens quickly, price goes down significantly, but that could be an assumption. One could have some sell orders at much higher prices, and if the price spikes, tokens are sold at a premium compared to the average being considered as the price of the token. So... it really depends on the user. If they want to discard some of their token holdings, they simply don't include the token and it won't be included in the snapshot, with any price.