I noticed that the price of the DUO token on the #HiveEngine market has a lowest sell offer of 1.15 SWAP.HIVE, and a highest buy offer of 0.75 SWAP.HIVE. 🤔 That's quite a huge difference indeed! 💸🤯😅
!WEIRD !PIZZA !ALIVE !STRIDE
I haven't looked at that one recently, but I see that with a lot of tokens, with a wide variance between the buys and sell prices. 😁🙏💚✨🤙
!ALIVE
!PIZZA
!STRIDE
!WEIRD
While it's common for #HiveEngine tokens in general to have a large gap between the lowest selling and highest buying prices, I think that it's probably not expected with tokens whose respective prices are managed by their issuers (such as the DUO token). 💸🤯
Anyway, it seems that the UNICOIN token (by @uni-coin) has a smaller gap between buy and sell prices than the DUO token (right now). 😎
!WEIRD !INDEED !WINEX !ALIVE !HUG
Yeah. Our regular buybacks help keep the price close-ish to 1 Hive. Though we buyback at slightly higher than 1 Hive and burn tokens regularly.. !BBH !UNICOIN
I just delegated a tiny amount of Hive Power to your Hive account to try out the !UNICOIN command for the first time. 😏 !HOPE
Seeing the ability to tip 0.002 UNICOIN (which is pegged to 0.002 SWAP.HIVE) and 1 CENT (which is pegged to $0.001) sounds !FUN !INDEED! 😎
Indeed, the maintaining a token's price is not always easy, and often requires buy walls, which require lots of liquid SWAP.HIVE.
Interesting. I love seeing tokens with the buy and sell walls very close to each other. 😁🙏💚✨🤙
!ALIVE
!BBH
!HUG
!INDEED
!WEIRD
I notice that many #HiveEngine tokens which are heavily traded (like DEC) have buy and sell offers (very) close to each other (such as DEC in this case having less than 1% difference between Bid and Ask). 🤓
It looks like I just encouraged you to follow the UNICOIN token (though I don't expect you to delegate Hive Power to its corresponding Hive account anytime soon so that you can start tipping UNICOIN and CENT at least once a day because of the HP delegation). 😅
!WINEX !ALIVE !HOPE !PIZZA !HUG
That's good, and it makes sense. For tokens that have diesel/liquidity pools, the swap prices are usually right between the buy and sell orders.
Well, I don't know what 'following' entails, but yeah, my HP is going to be pretty occupied for a while. What do you mean about tipping CENT? 😁🙏💚✨🤙
!ALIVE
!BBH
!HOPE
!HUG
!PIZZA
What I meant with "follow the UNICOIN token" is by following all relevant Hive accounts for the token (which are its founder @cryptounicorn420, its official account @uni-coin, and its bot @tippybot, among others) and bookmarking relevant articles and pages for the token. 🤯🤓
Tipping !UNICOIN (successfully) also gives both the tipper and recipient 1 CENT token (which is pegged to $0.01 each). 😎
!HOPE
!WINEX
!ALIVE
Let's !HOPE that @tydynrain is able to delegate at least 25 Hive Power to your @uni-coin Hive account soon, so that he is able to tip (and get tipped back) 0.002 UNICOIN (plus 1 CENT) once a day !INDEED. 🤗 !PIZZA !ALIVE
Yeah, I haven't done that yet.
Ah, OK, I didn't know that. 😁🙏💚✨🤙
!ALIVE
!BBH
!HOPE
!INDEED
I started loving to tip the !UNICOIN token, which gives both of us 0.002 UNICOIN (along with 1 CENT) each which can instantly be sold almost at 0.002 SWAP.HIVE on the #HiveEngine market. 😎
The issuer replied with "follow the unicoin". 😆🦄
!PIZZA
!HOPE
!ALIVE