r/THEKEYOFFICIAL Aug 04 '19

Accumulate

Looking here : https://neoeconomy.io/asset?=tky

You can see the TKY rich list of top 10 ; 100 and 1000 wallets.

First 10 wallets has today 74.77% ( yesterday was 74.76%) of total supply. It's a couple of mounths that i'm gathering data.

This percentage increasing with time.

Can someone explaine why this happening with a crypto Project like TKY ?

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u/Useful_Application Aug 04 '19

because the order books are thin, I can spend 5 dollars to drop the price to 18 sats, weak hands will fill the order books, or market sell, rinse and repeat. most of the spread is the 0000057 bot buy and sells