Is it very bad if a coin has a low daily trading volume? The known coins have at least 6 figures or more traded daily at the very minimum. And of course btc and the top 10 coins are traded in the millions and even billions daily.
If a coin has low trading volume, is that very bad?
Not good definitely:) For several reasons:
1. There is no attention to project from people. That means the project is unpopular, low hype level, people dont want to buy it.
2. Low liquidity. If you want to buy a lot of that coin, you can pump it very much(or dump if sell).
3. Big exchanges can delist coins if there are no interest to them, low volumes etc. So investors can "stuck" in it for a long time.