homepostsWhat Cryptocurrency has the most volume?

What Cryptocurrency has the most volume?

Kevin VoigtNov 15, 2021

Highest Voume

NameReported Vol.Circ. Supply
BitcoinBTC$54,713,715,19618.71M
EthereumETH$38,663,150,067115.89M
XRPXRP$15,690,823,24035.11B
CardanoADA$12,785,387,94931.95B

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In this way, what is 24h volume in Cryptocurrency?

A cryptocurrency's trading volume is the number of coins that have exchanged hands during a defined period of time, usually 24 hours. In other words, the 24-hour trading volume of a cryptocurrency is how much value of a coin has been bought and sold over the course of a day.

Herein, does crypto have volume? Along with circulating supply and market capitalization, volume is one of the most prominent metrics in crypto.

Considering this, how does volume affect price Crypto?

It's the amount of the coin that has been traded in the last 24 hours. ... volume underscores how many people are buying and selling the coin. If the price of Bitcoin goes up and it shows a hefty volume, that tells us lots of people are making moves. Thus, it will likely keep going up.

Can Tron reach $5?

TRON is predicted to grow in value. It is estimated that TRON TRX could reach the value of $5 in a period of five years, according to some experts and market analysts.

Who owns the most bitcoin?

Satoshi Nakamoto

Why is Bitcoin volume so high?

Generally, Bitcoin's tremendous trading volume indicates that the asset is competing against established companies like Apple and Alphabet. As a result, most crypto advocates consider Bitcoin as a haven and it can remain stable during a stock market meltdown.

Why is Bitcoin volume so low?

Bitcoin's extended bout of sideways trading has caused the cryptocurrency to see historically low volatility levels. In the past, bouts with volatility this low tend to be followed by massive movements that set the tone for which direction the cryptocurrency will trend in the days and weeks ahead.

What is a good trading volume?

With all swing trades in the Wagner Daily model portfolio, we typically pre-scan for a minimum Average Dollar Volume of 20 million. If you trade a rather large account, then consider an Average Dollar Volume above 80 million to ensure plenty of liquidity.

How do you read volume on Crypto?

Is high volume good for Cryptocurrency?

That doesn't mean a panic seller won't trigger your buy order on a low-volume exchange, but more often than not, your best bet is to be on a high-volume exchange with a reasonably placed buy order. So high volume allows for easier inter-conversion between different cryptocurrencies, fiat money, and other assets.

What does low volume mean in Crypto?

Low volume means that the trading volume is below 3 BTC in the past 24 hours. Cryptocurrencies that have a low volume will have a lower ranking. Also, knowing a coin's trading volume can help you decide whether it's a good idea or not to invest in this cryptocurrency.

Is high volume good for stocks?

If you see a stock that's appreciating on high volume, it's more likely to be a sustainable move. ... Logically, when more money is moving a stock price, it means there is more demand for that stock. If a small amount of money is moving the stock price, the odds of that move being sustainable are lower.

Why is volume important in Crypto?

Volume means how much of that cryptocurrency got traded. It is important because it tells you how easily you can buy or sell that cryptocurrency. The higher the volume, the easier it is for you to trade it off. ... Low volume means low liquidity.

What is the volume of coin?

A coin (assuming it is round and of fairly regular thickness) is basically a cylinder. The volume of a cylinder is given by the formula V=?r^2h where r is the radius and h is the thickness or height. If you have a vernier caliper you should be able to measure the dimensions quite accurately.

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About The Author

Kevin Voigt

Kevin is an Entrepreneur, Digital Nomad, Student, and ICO Marketing Manager currently based in Berlin & Champaign. He is actively involved in the Blockchain space and has worked in numerous projects in the Silicon Valley since 2017. His interests revolve around Finance, Consulting, and Blockchain Research.

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