There are sometimes huge gap between bid and ask. You may have noted in crypto trading when you try to buy, you place your bid but still the order is not filled.
This is because the gap is huge and there is no liquidity available. Today I noted the same with #Colony and #script. I thought to have a look at its prices. I find that there is huge gap between seller and buyer.
Buyers placed a bid of $0.00008 wheras sellers placed a bid at $0.0008. This is how the gap is created and the main reason is there is no volume in that token trading.
Because of low trading volume, trades will not executed and investors will face problems when buying and selling.
#colony and #script right now are facing the same issue because of low volume. This is the major isses and it needs to get fix. This is only possible when more and more buyers will enter the market.
THANK YOU!
