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RE: All Investors Seem To Be Running To THIS Asset Class
Volume is important, especially in traditional stock analysis. It should be noted that Crypto does not enjoy a "pure" aggregate volume like traditional stocks. Traditional stocks are measured in Number of Shares. Crypto volume is measured in $USD. This means that the $/Volume is skewed by price movement!!! Without access to the raw data of true crypto token volume in aggregate across all exchanges (including OTC), the next best means of clarifying the crypto volume picture would be to calculate the ratio of $/Volume to $/MarketCap. I argue that plotting this ratio would give a clearer picture of market liquidity.