it's been about a week now ( maybe more ) that i have missed the news in XMR.
i say i missed because i saw only now that is in 3rd position in poloniex and used to be 1st or 2nd.
So something must be out or something... we have a stable price of ~0.013 but in my opinion this should be double by now...
can somebody with simple words explain what happened ?
Weekends are slow on Poloniex lately. But no matter that Monero had this weekend lowest volume in last 3 months. Bitfinex and Kraken are tiny reasons for it.
We will see what will happen. I think lots of last months volume was because of BTC jumps and falls, where people was jumping from BTC to alts and back daily.
Ha, I never quoted myself yet, but I often talk to myself anyway.
Today might be 5th day in a row when less then 100k XMR will be traded on Poloniex. This had not happen for more then half year. But if you look better you see that all coins volume on Poloniex are low, and when you look at
last weeks Monero volume you see Monero was still 4th most traded coin last week. It just show the general trend of little volume in CryptoLand.