PEPEUSDT
PEPE / Tether USD
crypto Composite

Add to Apple/Google Pay and spend 37 assets like SOL, PYTH, or PEPE before the postie even arrives.
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PEPE is a meme coin which I stupidly bought. I spent like $3 and got like 400,000 shares or some shit like that

So i was looking at a coin like PEPEUSDT in Binance and i am seeing the book and it hardly moves. People are sitting on top few levels uniformly and one tick is significant bps movement. Now, Binance has L2 data for orderbook so i can't model queue position very accurately. I don't even understand what to do in this type of coin market. I have a few ideas but i can't seem to make it work. Is there anyone who can tell how to proceed in these types of coins? Price alphas are useless here i believe, the only relevant data i can see is order book quantities and trade flow. If i have a relevant metric for adverse selection, then does that alone suffice?

So i was looking at a coin like PEPEUSDT in Binance and i am seeing the book and it hardly moves. People are sitting on top few levels uniformly and one tick is significant bps movement. Now, Binance has L2 data for orderbook so i can't model queue position very accurately. I don't even understand what to do in this type of coin market. I have a few ideas but i can't seem to make it work. Is there anyone who can tell how to proceed in these types of coins? Price alphas are useless here i believe, the only relevant data i can see is order book quantities and trade flow. If i have a relevant metric for adverse selection, then does that alone suffice?

MODS BRING THE PEPE EMOJIS BACK