That's a picture of market depth on HitBTC. (I don't know if you can get overall market depth) If someone would buy SPF for 1 BTC on HitBTC price would go up for 20% in ETH terms on HitBTC. So it would probably result in 2%-7% increase overall. Buy wall is rather big.
Interesting. People still don't realize this. SPF token price is actually very stable if you consider overall market depth.
SPF got "special treatment" mark on KuCoin, as usually, people are panicking like it is the end of the world...
These are possible reasons why SPF got ST mark (
https://support.kucoin.com/hc/en-us/articles/360003256193-Special-Treatment-Area):
- Negative Trading Volume for a certain period of time.
- Cease or likely cease of business activities for three months.
- In liquidation, insolvent, bankrupt or otherwise subject or in a position to become subject to bankruptcy proceedings.
- Negative opinions by the company auditor.
- Failure to submit the updates reports in accordance with the requirements of the Exchange in terms of project development, status of the team and status of listing entity for a consecutive certain period of time.
- The Project or the team of the Project is likely to be dissolved.
- Any act considered as malicious operation to the market.
- Any other situation as determinateby the Exchange from time to time.
Seems like the problem is volume - exchanges want fees.
But I find this funny since at the moment SPF/ETH pair is on 247. place and SPF/BTC is 210. out of 298 pairs.
Anyway, volume shouldn't be any big problem. Few people start trading there and that's it- problem solved. Even team can make few trades there to improve volume, it's not like it hasn't been done (I believe half of all coins/tokens are doing this).