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RE: Adding volume:market cap ratio column to coinmarketcap.com
What are the benefits of this to people in your opinion? Why would someone want to do this? I know the answer but including it in your post would make the post itself and your good work more useful. Good to see you here on Steem, buddy.
Thanks eeks, good point. It's beneficial to see this ratio rather than having to compute it yourself for each currency/asset you're looking at. It's useful because a consistently high ratio indicates high liquidity. A sudden increase in the ratio could indicate a short term change in liquidity associated with a pump or dump.
Hey Deelawn, excellent work. Installed it. We need more realistic and useful metrics like this on coinmarketcap and used in crypto. Have you found any consistent relationships between 24 hour % change and volume ratio % change? Also, do you have any scripts I can run to include metrics like % available supply on market vs. total supply and other useful tools like that??