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1282d
Is Memo.cash really censoring ZAPT token?
replied 1282d
I doubt it.

The Memo market cap table is junk because you can create ten zillion 'WHAPPPPP' tokens, sell one for a dollar and then claim your tokens are worth ten zillion dollar and
replied 1282d
Yep, I'm thinking of just removing the market cap page.
Calm_down_stupid 15kFCL
replied 1282d
Unfortunately I think that's the best way forward for now :-(
replied 1282d
What about the token price indicators if possible 🤔🤔🤔
Calm_down_stupid 15kFCL
replied 1282d
The token price is what you are willing to sell/buy it for. Do a bit of research instead of trusting the manipulated prices we had previously on the market cap page.
Calm_down_stupid 15kFCL
replied 1282d
If buying I'm guessing you going to buy the lowest priced sell order. If you selling then you going to price around what people have recently bought at.
Calm_down_stupid 15kFCL
replied 1282d
The problem before was,
Mr A creates a billion tokens, he lists 1 for sell at 10000 sats and buys it with a second account. His token is now worth like $200 million lol !
replied 1281d
that's right!
replied 1282d
Thanks point taken👍👍
replied 1282d
Good call. I think the new table is a much more accurate reflection of what tokens are worth looking at.
replied 1282d
Marketcap is the WORST metric to order tokens on Memo. Trading volume & # of completed traded, while ofc having their downsides, are still infinitly better than marketcap. The main dev
replied 1282d
knows its an issue for while - perfect opportunity for member to do it better. When token markets?
replied 1282d
should be NUMBER 1 on the market cap table. Or at least you could until today. Maybe Memo is trying to clean it up. Or maybe it's a glitch and regular gaming of the table will
replied 1282d
recommence shortly.

In the meantime I ask you to consider that HAM token, that you've never heard of, which was created 3 weeks ago, and last traded 8 hours ago is number 1, and has
replied 1282d
a current market cap of . . . quick calculation . . . 20 million dollars.
Calm_down_stupid 15kFCL
replied 1282d
Currently as it stands, I think the SLP marketplace on memo is damaging the SLP protocol, making it look ridiculous.its being far too easily manipulated by idiots :-(
random liker
replied 1281d
there are about a million ways of solving this problem - markets deal with it every day.. just do 30 day volume weighted average or something.
replied 1282d
He will censoring you too lol