Symbiotic mainnet launch

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Symbiotic mainnet launch

Symbiotic mainnet launch

24H Volume

The 24H Volume represents the total value of a cryptocurrency traded within 24 hours, indicating its market activity, liquidity, and overall investor interest.

What is the 24 hours Volume?

24H Volume, or 24-hour trading volume, refers to the total value of a specific cryptocurrency traded across all markets within the last 24 hours. This metric is widely used by traders and investors to assess market activity, liquidity, and potential price movements.

Why is 24H Volume important?

The 24-hour trading volume is a key indicator of a cryptocurrency’s market activity and overall health. A higher 24H volume typically suggests strong market interest, better liquidity, and reduced price slippage when executing trades.

Conversely, a low 24H volume may indicate reduced interest, higher price volatility, and potential difficulties in executing large trades without significant price changes.

24H Volume vs. Market Capitalization

While both metrics are crucial, they serve different purposes. Market capitalization reflects the total value of a cryptocurrency (price multiplied by circulating supply), whereas 24H volume measures actual trading activity.

A high market cap with low 24H volume may indicate a stagnant or illiquid market, whereas a strong 24H volume with a growing market cap suggests active trading and demand.

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