Ninjastic
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Topic
Board Altcoin Discussion
Re: Too many listed coins on exchange without volume, any reasons?
by
Danslip
on 05/09/2020, 18:00:21 UTC
Quote from: kaseygriffin on Today at 05:58:45 PM
Quote from: Metall303 on Today at 02:29:43 PM
Quote from: Shaheer781 on Today at 01:12:01 PM
many coins listed without any trading volume, it means that the coin is going to be a dead coin, a shitcoin. Well, many factors about this from the developer teams that do not pay attention more to their project, and also the low of the investor's interest to the coins. SO in this case, they have no volume.
in 2018 - 2019, I saw a lot of coins that had no trading volume for two years, but in 2020 they began to rise again. If they don't have trading volumes this does not mean that the coin is dead
For sure, if they didn't have a volume, their project would have died because there weren't any investors interested in that project. I also invested in many projects in 2018 but in 2019 those projects suddenly dropped in volume and the price dropped many times, now all of them are dead.
Almost 70% of the altcoins have died over time since 2017, the last price boom was caused by HYPE which slowly disappeared. Many investors have the interest to be in a similar time period in upcoming years but it wouldn't be easy to live in those gold years.