Crypto value

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Crypto value

So I bought a dumb meme coin at .11 for $100. It’s now at .13 but it says my value is now .80 cents from the $100 I initially invest at .11? How does this make sense?

Sashitha ilepperuma Answered question
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It wouldn’t make any sense for a small purchase to cause op to have a 99% price impact unless there is no liquidity pool or they bought from the wrong lp like for example for a base token the main LP is on aerodrome but someone set up a small (basically fake) one on uniswap. And then op ignored all the warnings about price impact.

Sashitha ilepperuma Answered question
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