Rudex WLS Market Update - 1st Weekly Thursday Update!
Rudex WLS Asset: October 25, 2018
Total Supply: 10,307 RUDEX.WLS
This will be the first in a weekly series, following the statistics of our favourite token on the market, WLS! I hope you enjoy this production, and that the information contained within will benefit you. All information found here, will be sourced from this link.
| Market | Last Price in USD | Last Price In Pair | 24 Hr Volume WLS | 24 Hr Volume USD |
|---|---|---|---|---|
| RUDEX.WLS : BTS | 834 WLS | $249 | ||
| RUDEX.WLS : EASYDEX.PB | 0 WLS | 0$ | ||
| RUDEX.WLS : MONDO | 0 WLS | 0$ |
As you can see from the chart listings above, the WLS token is trading at around 29 cents USD, or 3 BTS, and has had a 24 Hr Volume of over 830 WLS, nearing just under $250 USD. The WLS token has had little to no volume in the EasyDex, or Mondo Markets. Will be interesting to see these markets grow over time.
Top Buyers of WLS Token, Sorted by Token Amount
In the preceding image, you can see that we have quite a numerous amount of people looking to score some cheap WLS in the early days, as many of you remember, steem fell to about 11 cents before it rose up to where it is now. Many people are hoping for the same kind of action here, though for now we seem to have enough liquid volume that there are enough walls to keep the price up.
I also notice a few of the largest and cheapest buys on the market belong to some rather sketchy usernames, and I think it would be safe to say that we don't want them scooping up all of those tokens at such a low price, so I am sure myself, and many others will continue to place walls ahead of these users, and this is something you can keep an eye on as well.
Top Sellers of WLS Token, Sorted by Token Amount
Again, in the previous image we can now see the data on the users who are selling the WLS token. Of course, the largest amounts are being placed by our dev team, who of course deserves to enjoy some of their profits after all of these months of hard work.
There is a few familiar names up there, but for the most part, our sellers seem to be just regular powerful users, most likely older bitshares users who claimed a nice healthy sized share-drop. It is also nice to see such a small amount of tokens being sold, it is really doing well for the tokens 'economics'.
Top Sellers of WLS Token, Sorted by Orders
The image shown above this paragraph, is of a chart which detail the number of WLS which have been sold through orders so far, and the number of WLS that people are holding. Again, we of course have our dev team taking some of their profits out, and then a good amount of users that I at least have yet to meet haha.
Two accounts which are interesting here to me are this 'Growth-Fund-One', and the 'edex-exchange-, which I assume is the easydex exchange with no volume, but I cannot verify that. A side note, I don't want to see people being disheartened, or giving our devs crap for cashing out a very small amount of their tokens. They are hardworking people and deserve to be paid like anyone else.
Aside from profits, and work done, speaking from a strictly market view, we need both sellers and buyers. We can't have everyone selling, and we can't have nobody selling, we need a healthy amount of tokens for sale, and tokens for bid. I am quite pleased looking through this information so far.
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I hope you all have enjoyed the information presented to you in this post,and that it will be helpful to you in how you make your decisions regarding your future WLS trading habits. I will be attempting to follow up this Update, every Thursday, probably not at the same time, but I will do my best haha :P I would also like to throw a quick shout-out to my boy who gave me the idea for this report, no need to namedrop, as you know who you are, but thank you.
Happy Hunting,
Blue
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