I track volume vs market cap rank. Currently MTL is ranked 170 but has 45th highest volume. I'm seeing potentially some monster accumulation here (has been happening on and off for a few weeks). First time I noticed it was out of HITbtc (Korea) today is on Binance. This is possibly driven by BITTREX accumulating ready to relist (as has been rumored). If not I'm not too sure what else, unless someone knows something we don't. That said MTL is currently 12% of ATH vs BTC so represents good value, not withstanding that crypto credit cards have had some troubles lately I think this is a pretty safe play.
In a general sense I see BTC gaining in market domination (see coinmarketcap.com) so keep an eye on that too.
That said, there's no guarantees (see my last one on Nexus, I still believe it'll come good though).
@evolmk99, I'm new at this so forgive me if I'm wrong. When you highlight over the volume bars you should be seeing an amount of buys executed and an amount of sells hit right? I'm seeing way more buys than sells on the large spikes so I'm not sure it's all wash trading. Once again forgive me if I'm wrong as it's possible hahahaha
Re app release, great stuff!!! Between that, low sats price, possible bittrex relisting I see this one as pretty safe.
evolmk99
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@TristanWallace, the bot adds a sell order to orderbook. usually around 5k to 7.5k. then it buys the order. repeats
yes low supply as well. price has been suppressed when it tried to breakout a few times, i believe to accumulate cheaper. Happy Trading!
MTL should do well in upcoming weeks