Where your hard-earned money comes to die. Home.
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I don't understand how "trading volume" works
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Poast new message in this thread
Date: January 21st, 2018 6:24 AM Author: bateful cream location pisswyrm
volume is how many units of an asset have exchanged hands over unit time.
market cap is calculated by the current market price * the total units of asset. here is the important part: the current market price is whatever most people are presently willing to pay per unit asset. ** and that can change drastically even with very low volume. **
it only takes a small mob of buy tards (e.g. xoxo and zilliqa) to run up a price on a huge market cap coin. (lol jk i love xoxo and zil)
(http://www.autoadmit.com/thread.php?thread_id=3866041&forum_id=7",#35201615) |
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