Based on the orders visible in this screenshot, the cumulative value of the sell orders up to $0.01 is roughly $420K.
That does NOT mean $420K of buying guarantees a $0.01 price — new sell orders can appear, existing orders can be cancelled, and market makers can replenish liquidity.
But it raises an interesting question:
🔥 What happens if a major catalyst arrives and aggressive buying starts?
MM2 governance developments, renewed Terra Classic activity, USTC demand and increasing on-chain burns could potentially change the current liquidity situation very quickly.
The key levels I’m watching:
$0.006 → $0.007 → $0.008 → $0.010
If these sell walls are actually consumed rather than continuously replaced, the order book could change dramatically.