Right now EGLD is around $6 at Maiar Exchange in EGLD-USDC pool, I want to buy EGLD to make profit and help get EGLD closer to Binance price, why I can’t do it, while team can do it?
cuz it was an exploit, team will fix - either way u wont be able to buy at 6$ - that price was because there was a vv low liquidity left in the pool (no more usdc), so let s say u wanna buy now and there s no liquidity in the pool, you ll buy probably couple of egld till the price jumps ( because liquidity is low) , now think that u arent the only one looking to do that ... so team will put the price back to binance price so we are all good
cuz it was an exploit, team will fix - either way u wont be able to buy at 6$ - that price was because there was a vv low liquidity left in the pool (no more usdc), so let s say u wanna buy now and there s no liquidity in the pool, you ll buy probably couple of egld till the price jumps ( because liquidity is low) , now think that u arent the only one looking to do that ... so team will put the price back to binance price so we are all good