risky
Potential Arbitrage in PIPPIN/USDT with Price Spread of 4.83%
The cryptocurrency PIPPIN/USDT has a spread of 4.83%, with a maximum volume of 30,673.15 and a maximum deal size of 713.03. On the MEXC exchange, the average buy price is approximately 0.02324622 USDT, based on 4 buy orders ranging from 0.023227 to 0.023247. Conversely, on Bitget, the average sell price is roughly 0.02445770 USDT, with 15 sell orders spanning from 0.02464 to 0.0243. The network used is SOL, with withdrawals enabled at a fee of about 1.48776 SOL (equivalent to 64 PIPPIN). Deposits are also enabled. The current market suggests a potential arbitrage opportunity given the difference between buy and sell prices, but traders should carefully consider the spread and fees before proceeding.
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AI Analysis
The provided market data for PIPPIN/USDT indicates a relatively wide spread of 4.83%, which could suggest market inefficiency or alert traders to a potential arbitrage situation. The buy orders on MEX...
AI Recommendation
Given the apparent price discrepancy between the buy orders on MEXC and the sell orders on Bitget, an arbitrage opportunity might exist. However, it is crucial to meticulously calculate the total cost...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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