I am conducting research on token liquidity. Maidsafe stuck out to me as having low volume compared to peer tokens of comparable market caps. I am wondering if the transition to eMAID from MAID has at least some role to play in this. It seems going back a few months the volume was relatively high, however now it has decreased dramatically. It would be great if someone could shed some light on this.
At least part off the reason for the low volume is that many who have MAID are long-term hodlers and will not part with any of their MAID (or eMAID) until the network goes live and truly large profits can be taken.
Those who see MAID as simply another token to be gambled with have mostly been shaken out now.
So unless there are willing sellers, there can be no volume.
Yeah, low volume seemed related to current exchanges being more difficult. But that creates the need for eMAID in the first place, so it’s basically both. It’s been several months since the excitement for eMAID’s prospect started. Speaking of that, I wonder how that’s going along!