Sports is pumped up 50%

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(Edited)

Today, sportstalk tokens were pumped up when it reached the heights of 0.00058 hive per token.
However the gap between buying and selling price widened significantly. At the time of writing this post the buying price was close to 0.00036 hive per token whereas selling prices were close to 0.00058 token indicating that this is an whale activity. Some whale wanting to increase the stake in sportstalk simply bought out all the tokens in the market at market price without placing limit orders.7ACCD1462E164242B0FDC20C00B0BD8B.jpeg
These prices dont sustain much. Any seller who is looking for quick exit or unaware of limit orders can sell the tokens at offer prices of 0.00036 and the prices can drop. Yesterday the ctp coin, archon and leo all were pumped up between 10-25%.
Overall the situation looks promising for hive token holders and indicates bullish trends ahead. However, it may be short term

Posted Using LeoFinance Beta



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