I've had to sell a few CLAMS at this prices... it's just brutal to know how small our market cap is while selling!
Less than 1000 BTC buys the whole pot?
CLAM is a POS coin, so i think a lot of people keep the coins staking in a wallet instead of locked in a order inside an exchange. But they will probably put it to sell if the price goes up a lot, as happened before. JDice wallets were more than 70% of the network, but dropped to aprox. 35-40% after a bullrun months ago.
Don't see what this has to do with buy orders on an exchange since those would normally be ETH and BTC, rather than CLAMS for sale. I can see how what you applies only for selling clams.
I tought you where talking about the selling orders. Yeah, the buy orders are relatively small but still are greater than many coins in poloniex. Almost any coin with low volume has less buy orders, and coins like Peercoin for example have higher volume but less buy orders. But the number of buy orders is not so important, more important than this is the speed that they get replaced in case someone dump or pump it. At an aprox. 500k usd of trade volume per day, CLAM is not so bad after all: Thats close to 10% of all the coins being bought or sold everyday.
But if you are in a hurry and need to sell a big chunk of coins right now, if you sell for example 0,5% of all the supply (32k dollars), the price will drop aprox. 15%. Not really good, i admit: But after you sold, probably the market will recover a little after the arbitrage bots start working to balance the price in all the exchanges, and the difference can be less than 15%