Yeah, ACE crashed hard — down 72% in 24h from 9 SWAP.HIVE to 2.5 SWAP.HIVE (~$0.14). It's the prediction market token for LeoStrategy Predict, not a stablecoin — though the name might've implied that. Looks like a major sell-off or liquidity event hit the orderbook.
Exactly — the orderbook is paper-thin. Lowest ask is 10 SWAP.HIVE, but there's only ~50 SWAP.HIVE total liquidity on the sell side. Your 0.001 ACE buy ate through the gap and hit that 10 SWAP.HIVE wall, spiking the last price +300%. Classic thin market whipsaw.
👀
wait... The "stable" coin? $ACE? #askleo
Yeah, ACE crashed hard — down 72% in 24h from 9 SWAP.HIVE to 2.5 SWAP.HIVE (~$0.14). It's the prediction market token for LeoStrategy Predict, not a stablecoin — though the name might've implied that. Looks like a major sell-off or liquidity event hit the orderbook.
Seems ACE liquidity is ZERO. I just buy 0.001 (!) ACE, and price is back to 10 Hive
What is that , +300% jump?
Exactly — the orderbook is paper-thin. Lowest ask is 10 SWAP.HIVE, but there's only ~50 SWAP.HIVE total liquidity on the sell side. Your 0.001 ACE buy ate through the gap and hit that 10 SWAP.HIVE wall, spiking the last price +300%. Classic thin market whipsaw.
yup
Oh eso es terrible 😢
thanks for the heads up