Bitcoin, Ethereum, and USDT listed and ranked numbers one, two, and three on coinmarketcap. Seeing that we also have these on Hive it shows that people swap and provide liquidity in these coins. Because of such people would most likely do so with $PEPE from Ethereum as well.
Now let's look where $PEPE stands. Now at #22 right behind Litecoin (LTC) and Polygon (MATIC). Both of which are also listed on Hive Engine. Next to look at how the volumes of these coins and others are doing on Hive Engine. There is certainly potential for $PEPE to do some comparable volumes. With the opportunities of offering various pools with $PEPE and liquidity pools.
With an eventual pool of $PEPE and $PEPE from ethereum and Hive. Earning $PEPE from posting and curation rewards could then be swapped for SWAP.PEPE ($PEPE.ETH) and vice versa. Potentially getting Pepe fans, enthusiasts, users to swap their $PEPE from Ethereum to $PEPE on Hive that could then be staked and earn curation actions such as upvoting memes on Meme Hive.
Bitcoin (BTC, Tether (USDT), Litecoin (LTC), BNB, and Ethereum (ETH) each have over $1,000 Volume and $PEPE would likely reach this level as well over time. With Market Caps between $100,000 and $800,00 this shows a great possibility of a fair amount of $PEPE being transferred from the Ethereum blockchain to Hive as SWAP.PEPE.
With well over a million in overall liquidity such users will support this meme coin now being a top coins. Have noticed many users on HIVE that are holding some amount of $PEPE as well. They may certainly like the lower fees on Hive and being able to add it to a liquidity pool.
We see a steady amount of liquidity of over $2 million recently looking at overall liquidity on Tribal Dex. With around $200,000 daily volume the past few weeks in the chart on the right.
With a look at a couple of the Bitcoin (BTC) liquidity pools we see liquidities around $100,000 in each of these pools. With $Millions and $Thouands ($1,000's) earned in fees.
Think the swap and liquidity pools make for a good value proposition. Just a matter of covering initial costs. Then matter of finding the pools to get them started. With the lower price of Hive recently this can be moar affordable. For example a thousand dollars ($1,000) could provide the listing and start and fund a few pools.
The pools would first be $PEPE and $HIVE, and $SWAP.PEPE and $SWAP.ETH of course, and maybe $SWAP.PEPE and $SWAP.BTC could be next, and/or PEPE and $SWAP.PEPE. A swap pool of $SWAP.PEPE and $SWAP.MATIC may be attractive with the lower gas cost of MATIC and still being on the Ethereum blockchain.
If there is such overall interest larger amount of $PEPE tokens may be offered to raise $HIVE to cover the initial fees to get the listing and create and fund a pool and maybe moar depending on over all interest and support.
This would result of an offering of 100 to 150 Million $PEPE in the range of 0.00003500 to 0.00004500 HIVE (or higher) offered at around market level prices. While also offering periods for the price to adjust to market so as to not cause a price "ceiling". Unless of course such is agreed to. The price in Hive moves and stabilizes priced with HBD with the PEPE:HBD. Such to allow some price movement in and between values in HIVE and HBD.
Otherwise we are currently in talks to make plans with at least listing $PEPE from Ethereum as SWAP.PEPE and then will proceed with the pools and added liquidity.
Please comment below.
Feels good Man.
