Someone set up a trading pair on uni, it got use.
Remember if you are going to arb, that your MAID → EMAID conversion is subsidised by alt.co
You may think you are clever and making a profit but you are only doing so by playing on the generosity of those who put time and money into providing this MAID → EMAID service which was meant for one-time-use only to facilitate migration away from the clunky Omni protocol.
If you add to your bags by arbing, at least have the decency to kick something back to alt.co who made it possible.
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Each pair is a separate pool, in one the price can go up 100 times without affecting the other under certain conditions (mainly a small volume where the bots cannot take profit).
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Out of curiosity, when trading USDC, what is the significance of the specific trading pair responsible for the price spike?
Example sites like coingecko which tracks price for different crypto assets then the price is calculated by which % each pair contributes to the total daily volume. Example if maid usdc/maid contributes 70% of total daily volume then usdc/maid pair will contribute 70% of the price, 70% of Maid/USDC price + 30% of AGRS price = weighted price shown on price tracking sites.
From coingecko:
Example 2 (Fiat & other crypto pairings)
Using Ethereum (ETH) as an example, and assuming we only track two exchanges, A and B which trades in USD and BTC:
Exchange A: ETH/USD = USD 200 / ETH @ 30,000 ETH Trading Volume (rolling 24 hours)
Exchange B: ETH/BTC = ₿ 0.20000000 / ETH @ 20,000 ETH Trading Volume (rolling 24 hours)
CoinGecko will first convert the ETH/BTC price to a USD price using the CoinGecko BTC Price derived above. Assuming 1 BTC = USD 996, this will mean:
Exchange B: ETH/BTC = ₿ 0.20000000 / ETH ≈ USD 199.2 / ETH
CoinGecko will then calculate the global volume-weighted average price. In this case, it will be:
CoinGecko ETH Price (USD)
= [ 30,000 / (30,000 + 20,000) ] * USD 200 + [ 20,000 / (30,000 + 20,000) ] * USD 199.2
= 0.6 * USD 200 + 0.4 * USD 199.2
= USD 199.68
Or if you meant on Uniswap then the two pairs should be independent and the price of one should not affect the other one except from arbitrage. But I’am no expert on the Crypto defi swaps and don’t fully know how price works on those.
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I meant the price shown on tracking sites. It is maybe possible to, if low total daily volume, make it seem like the price is higher trying to pump and then hoping it gets traction and people starting to buy towards that price on the other pair and then dump into that buy volume, like a pump and dump scheme. If you can pump a low pool pair on a coin with low total daily volume then maybe you can sell into the larger pool if people starting buying into that pair expecting the new artficial higher price.
The price spikes can occur if liquidity above current price is low and new liquidity blocks are added.
Before new liquidity exist the price cannot break out of that single liquidity block since there is no available tokens. Naturally people will start to add liquidity pools at higher prices as it limits impermanent loss and they might deem it fair price to sell/swap.
The market would benefit if more people start to add eMAID on the sell side so large whales can actually buy in without price jumping up on thin air. So if you own eMAID you can help the market just a bit by adding a small % of total holdings.
The price had been on the edge of the liquidity on $0.20 cent, so bots or people who even buy slightest would increase price significantly due to ticks only locking low amounts of token. MAID has also traded above $0.20 which could have triggered manual or algorithmic trades.
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Good advice, until now I’ve asked numerous times where people should donate to but have not gotten any response yet.
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Thank you for the detailed explanation. Yes I meant on uniswap
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Just curious, has anyone else noticed that 13.74K sell order on Bittrex, that keeps moving a few positions up and down whenever the market price changes? What is that?
Try to take it to see if it is real.
It’s afraid of being sold 
I will, send me the BTC needed! 
I bought about 20k MAID around 16c to convert to EMAID and sell higher. Process took a while and when i offered at the published price nothing happened for weeks. So I gave up and put them in storage. There is no liquidity in EMAID so it really isnt worth it. even if you can sell at 29c, there is no volume.
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Some kind of bot maybe a market maker.
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In 10 years from now, these are the types of posts that get quoted, when the price is $1000+
“Look at this guy buying 20k coins, he must be loaded now, wish I was as smart as him” 
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these types of posts can lead you to be “chopped into pieces, in a sewer”…
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I think they will be saying “look at that guy SELLING 20k at $1000. I wish I had been as smart as him”
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It could be the outcome that this becomes worthless. I don’t think anyone is under any illusion there is no way this could fail.
However, I would still say the person selling 20K @ $1000 is not smart, as the potential future value is well worth the risk of $1000 (obviously based on the seller’s current economic situation). As long as you aren’t destitute desperately clinging to the hope that your coins will payoff when you could drastically help your immediate situation, selling a good amount of coins at these prices seems silly to me.
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Selling 20k at 1000 is very sensible if you have lots more
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