>>1474980Someone put a market order for like $8,000 of some shitcoin worth $2. On the market, price is determined by how much people are willing to sell for. Market orders are an order to buy a commodity until the money has been spent, at the cheapest rate currently being offered. Market orders should only be placed in markets with a lot of volume relative to the size of the order. The market for this shitcoin was very low volume, and thus the cheapest offer when the market order was placed was $250,000/coin, and thus the redditor bought a fraction of a $2 coin for $8,000 lol. picrel is the sell price of the coin over time
