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How Does Price Volatility Affect Trading?
The best environment to do pepes is when there are moderate price changes. If prices change ten, 15, even more uroes or dollars intra day, it becomes very difficult for counter parties to agree on what the fair price is. But generally speaking, we would expect a negative impact of this high price volatility on actual dilclosure. It just increases the cost of trading. And despite that, we're seeing lots of teals.