Post
Topic
Board Altcoin Discussion
Re: What do you all think
by
kensaii
on 02/07/2022, 19:18:42 UTC
This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.

Daily trading volume is one of the main criteria for listing on a centralized exchange and, accordingly, its low level indicates that these coins are not of interest to investors. As a rule, a low level of trading is associated with low liquidity, which entails very high volatility, and accordingly a high risk from investing in such a coin.
It really back to the OP question. Depend on what kind of project. Is it new or old? Is it have a daily amount of mining or un mineable? There are a lot of factors when we see a trading volume and say if it was bad or not. A new project having low daily trade volume is fine but for an old project? It was bad.