Yeah there's 16000 accounts but the volume just plain sucks, at a time too where volume on every other main exchange is through the roof.
It was actually picking up rather nicely until all the balances were sucked into buying mcxfees.
Seems a coincidence the trading volumes plummet after the mcxfee pre-sale ends, no?
Yeah because a large part of the User's Bitcoin was stuck in mcxFEE, so less liquidity on the market.
Add to that the huge price rise of bitcoin, and people are even less willing to spend them.
So you get a low volume for a few weeks. But there a lot of new user this days so the situation will improve quickly i think
When mcxFEEs get back up to 0.4 BTC, people will start selling them. As they sell them, they will start trading. A lot of people just aren't willing to let their 0.4 BTC FEEs go for only 0.2 BTC, at a 50% loss.