Bitshares Steamrolling along to Stardom in Market Cap and Daily Volume
Congratulations to Bitshares!
Bitshares is now in the top three position when it comes to daily volume, right behind Ethereum and Bitcoin. It can no longer be taken lightly because Bitshares has now become a market mover in the cryptocurrency sphere. It has quickly moved up to number 10, overtaking Steem, Bytecoin, Waves, Stellar Lumens, and on its way to soon overtake Monero and Stratis.
Here is a screenshot of the top five cryptocurrencies with the most volume in the las 24 hours, Bitshare being in the number three position.
What do you think? Please comment.
Enjoy!
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It would be greatly appreciated. :-)
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Interesting. However, the chart shows that the volume is not usual, but a transient spike. If such volume of transactions continues, then it would be fair to say Bitshares is number three.
I would like to see volume over longer periods of time, in order to get a better grasp of the currencies in a realistic framework. One day can merely be a response to a particular event, such as a dramatic increase in value due to speculation which creates a bubble that pops when the speculators take profits, dropping volume back down to traditional levels.
It occurs to me that your description deliberately avoids such analysis, and seems a bit dodgy. Still, it's interesting, and you got an upvote from me.
Thanks!
You are right, but it has been in the top 10 for a while now and having a 24hr volume of now $440M which only ethereum has been able to do, is very impressive. $440M is 1/3 that of BTC daily volume. Thank you also for the upvote. :-)