Post
Topic
Board Altcoin Discussion
Re: No trading volume is same as dead coin
by
Menawi12
on 13/11/2019, 06:27:02 UTC
Are coins and tokens that have good value like 0.02 or even 0.2cent on exchanges with no volume the same bad news as coins that haven't made it to an exchange yet? what do you guys have to say about this? i am currently holding two different tokens with good value but no trading volume, any hope for such projects?
Volume = liquidity, the lack of volume means nobody actually cares about that coin and big investors cant even get a big position of it or sell their positions, because it can cause a disaster. So youre right - low volume = dead coin.

Yes this is what's happening with most of the ICOs who prefer small or cheap exchanges and they meet there end this way. They initially hold bounty hunter's token then post investors and developers dump their token they distribute their token to bounty hunters with no volume which means dead token.  That's why we need to check the liquidity of the project before joining it and also enquire about possible exchanges before investing.

I think this is not about small or big exchanges, only very small ammount of the projects lists on big exchanges. Kucoin or Bittrex for example are good exchanges, but some coins there have very low liquidity, that means 0 interest from the people, that is very important.

Agree, it's about investor interest in investing in a coin or token. Coins or tokens that do not have active transactions on the market, it can be said that the coins die even though the coins are listed on large exchangers. Listing at a large exchanger does not guarantee the project is good, but at least the large exchanger has verified it first and the price will depend on the interests and trust of investors