Can't wait to see what the news does to the price this week. Anyone watching overnight would see how a small amount of volume can greatly impact the price.
At just after 3pm USA time someone sold $24K worth they had held for 81 days. As Uniswap has no order book the stock is directly sold into the liquidity they can generate. $24K worth dropped it roughly 25%. It looks a bit ugly and might scare newbies but in context it was nothing. A sale of less than 2% of tokens on issue made during weekend trade.
People following the story and telegram would know there is
- New DEX listing coming up - New partnership with $200M+ cap to be announced - APY earnings and NFT - Potential airdrop - Major news this week
The movements in the price are a bit irrelevant at the moment. When the major news drops and there is numerous buyers in market at once the price will be just as volatile in an upward movement. A day of anymore than $250K volume will see BUND do 100% IMO.
