You are viewing a single comment's thread from:

RE: Why you shouldn't take tribe market caps seriously

in LeoFinance5 months ago (edited)

That's why I wrote @banjo's $tt2x (top trending to exchange) command, although that command is tribe-specific.

If you understand what the marketcap reflects, I don't think anyone is surprised by this.

As you know, what tt2x does is it looks at the top ten authors, if they were to cash out their rewards on the hive-engine exchange, it determines what the true impact of that would be. Like right now:

image.png

So according to this, $LASSECASH would be impacted by -99.47% if anyone tried to dump 20000 LASSECASH right now.

As opposed to $LEO:

image.png

Posted Using LeoFinance Beta

Sort:  

Oh man that example is savage.
One of my favorite commands on Banjo.