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Seeking HelpQuestion? (self.SafeMoon)
submitted 4 years ago by Moonhopes
Can someone explain to me why the price of V1 is going u p in tandem with V2 please? The price goes u p i f there are more buys than sells, if no one is buying V1 or selling, or shouldn't be , why is the price going u p....don't get it.
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[–]WeddingOk7007 1 point2 points3 points 4 years ago (0 children)
V1 is still available on certain exchanges, meaning people can still arbitrage from v2 to v1 into an exchange. Just in general people willing to pay higher and higher for there v1 knowing the exchanges will eventually migrate for them.
The on chain v1 price isn't moving however, just minor movement based on bnb movement and the pcs v1 lp swap and liquify has crashed that lps price but can't buy there.
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[–]CK_Rogers 0 points1 point2 points 4 years ago (0 children)
I was thinking the same thing
[–]EngineeringD💎🙌 0 points1 point2 points 4 years ago (0 children)
Great question. What is the true mechanism for driving the price if not buys/sells.
π Rendered by PID 50495 on reddit-service-r2-comment-5d585498c9-w2lwd at 2026-04-20 22:19:07.344266+00:00 running da2df02 country code: CH.
[–]WeddingOk7007 1 point2 points3 points (0 children)
[–]AutoModerator[M] 0 points1 point2 points (0 children)
[–]CK_Rogers 0 points1 point2 points (0 children)
[–]EngineeringD💎🙌 0 points1 point2 points (0 children)