So if we toss out marketcap as a metric... what

Question

So if we toss out marketcap as a metric... what

do we replace it with? What other metric will tell us where Hex stacks up against other cryptos? Would it be daily volume? That makes logical sense to me.

#cryptocurrency #english #hex-crypto

0

30.10.2021

6 ответов

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Combot

Longqvist
Price performance, liquidity, average stake length...

HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's price went up the fastest when its liquidity was lowest. Ethereum's price went up the fastest when its liquidity was the lowest.

0

30.10.2021

Benny Lava Автор вопроса

Longqvist
Price performance, liquidity, average stake length...

That's helpful yeah, but most other cryptos can't stake. So we need something that they all have in common. That's why I'm thinking daily trading volume in $ dollars

0

30.10.2021

Longqvist

Benny Lava
That's helpful yeah, but most other cryptos can't ...

Volume is ambiguous

0

30.10.2021

Benny Lava Автор вопроса

Longqvist
Volume is ambiguous

How? You could just take like the top 30 exchanges and average it

0

30.10.2021