Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
Zylon
on 02/06/2017, 14:11:43 UTC
First let me say: I really like the NEM project and before I invested some month ago I did a lot of research. I think we are really looking into a bright future with NEM (maybe with better marketing, that could even be brighter), anyway what makes me wonder is the very low volume for a coin ranked on #4 based on market cap.

I am not sure what could be the reason for the everyday low volume and if that is a good or bad sign, personally I would like to see a higher volume, because than prices are more stable and it needs more capital to move the price. Not sure if that is a correct conclusion.

What are you thoughts about the reason for the low volume? 

Low volume is due to no selling pressure due to miners.
That is a good point, I did not think about that. But still not the only reason I suppose

No margin trading is also a reason and
NEM is mostly traded at Poloniex, not at Kraken or other big exchanges..
We are just at the beginng   Wink