GasFeeCrybaby
Gate recently adjusted the minimum price increment (tick size) for several futures contracts, including $BMT, $SLERF, and $LOKA. While this modification doesn't directly impact asset prices, it can spark momentary turbulence, particularly for low-liquidity tokens, due to algorithmic trading and API-based systems.
The sharp decline observed in cryptocurrencies such as $BMT, $SOON, and $ME today appears to be a result of multiple factors:
1️⃣ Algorithmic responses to the revised tick sizes
2️⃣ Thin markets coupled with panic-induced sell-offs
3️⃣ Forced closures of overly optimistic long positio
The sharp decline observed in cryptocurrencies such as $BMT, $SOON, and $ME today appears to be a result of multiple factors:
1️⃣ Algorithmic responses to the revised tick sizes
2️⃣ Thin markets coupled with panic-induced sell-offs
3️⃣ Forced closures of overly optimistic long positio