Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
Zylon
on 02/06/2017, 16:51:40 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

Contact relevant exchanges to show them demand for NEM ...



done!:) Pls everybody, contact these exchanges, it will cost just some minutes of your time but will make NEM much stronger!