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This is a market semi-manipulation bot. You can give this bot a price and each time the price goes below the given price then this bot will be buying in coins. It buys as many coins as it needed to reach the given minimum price again.
So, if you introduce a new coin and you want to ensure it has a specific minimum price then this is the bot to use for it.
It will keep buying (with market orders) as long as price falls below a certain level. The top ask is the price that is used to detect this and all ask orders are bought if they are below the set limit.