What is trading volume? Full details
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Assalamu Alaikum
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If a coin has 50% of the market, the full price of that 50% is called the marketcap.
Before buying a coin, we should first see the marketcap and trading volume of that coin, many projects buy and sell at a very low range, and the trading volume of that coin will be very low, the higher the volume of the coin, the more likely the project will go up.
Again, the market cap should be noted.
And if we know these, we can avoid many fraudulent projects.
Because there are thousands of coins in the market, now we have to choose a few coins from those coins.
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Many coins you can see in the market have created a lot of hype or pumped huge, then we first need to look at that coin's marketcap and volume,
That way we can know how Stong that coin is.
I hope everyone understands, this is the end of today, everyone stay well, stay healthy, Allah-Hafez,
https://twitter.com/RakibInsid68546/status/1789385468133446017?t=FIgDGf-uoinnBKZXFfTnVg&s=19
Thanks for sharing this kind of post, you explained very easily about trading volume.
Well explained about trading volume and its a key component in the market. I find this article pretty much useful
I am very happy that you spared your valuable time to read my post and leave a nice comment.
Trading volume is very important for coins and for details about coins. Thanks for writing about this.
Thanks these kind of comments will inspire me to share next good post,
I used to trade for a long time. But I did not understand the trading volume properly. By reading your post it became clear to me. Thanks for sharing such a helpful post.
Glad you read my post and understood.