At least 4 amateur traders keep attempting to undercut the first ask - every time they do it a MM algorithm automatically undercuts them - easily spotted by it happening quicker than anyone could place an order manually.

It is best not to put orders on the ask and wait for surges which happen when someone does a hail mary buy across multiple asks to get the next .01 increment break.

So far the ask has been walked down from .0186 to .0163.

Algorithms are also being used on the bid.