If you look at the trading volume on hive-engines. You will see that the offer is not common. The first natural trading offer start from 0.00300 hive buy offer. The sell offer vary from 0.004 to 0.005 hive. Then an account sell all the foodie token in buy offer so the chart that foodie has no value. This will trigger to sell foodie as useless token.
The actor behind the dump of foodie then place order to buy offer at low price. 0.00001 hive for foodie tokens. However the price is not reasonable and irrational. No one is interested to sell foodie token. Then the actor increases buy offer to 0.0001 hive. Foodie holders till see that the offer is irrational. Next, he increase the offer to 0.0002 hive. He thinks the price is reasonable for foodie users to sell the token. In fact, no one sell the token. Then he sell to the offer by himself or an account that relates to him to sell some foodie for 0.0002 to influence foodie holders to sell the token. Still, his fake sell has no response.
While buy offer is about 0.0002 hive, the sell offer start from 0.003 hive. Many foodie investors will buy foodie at 0.003 hive. The holders also see that it is reasonable price to sell foodie. After that , the dumper still try to cheat foodie holder by selling small amount of foodie at 0.0002 to manipulate the foodie price chart.
What is the reasonable price of foodie?
With such a huge members, foodie price is at level 0.003 hive now. This is the natural price currently. In the near future, I think the normal price of foodie is about 0.003 to 0.006 hive. Foodie trading volume is still low because many users who join foodie community are not realizing that they earn additional token foodie. Many users who used food tag also earn foodie token from their posts. Those members who do not know that they earn foodie token so this case influences the foodie daily trading volume.