daily top ten coin analysis based on trading volume
Today being Tuesday the 1st of september,the total volume for the crypto market is at around $92,620,600,000. Out of this volume, USDT which is a stable coin based on ethereum network leads the daily volume at around $38.822 billion followed by bitcoin with a 24 hour volume of around $23.431 billion while Ethereum comes third with a trading volume of around $17.348 billion. EOS and bitcoin cash tightly follows each other with a trading volume of $2.593 billion and $2.526 billion respectively while litecoin comes 6th with a trading volume of around $2.466 billion. XRP and tron follows each other with a trading volume of $1.899 billion and $1.253 billion respectively while chainlink comes at number 9 with a trading volume of around $1.119 billion. NEO closes our list for top ten coins today with a trading volume of around $764.785 million. Will all these coins continue to lead our list for top ten coins with highest trading volume or will they be overtaken by other coins? Some key coins like bitcoin and ethereum as well as stable coin like USDT will continue to lead our top ten coins since they are highly tradeable against other coins. In the coming days,some new coins will join our top ten list. This is being indicated as from below;
The above is our top ten coins by trading volume. From the list,USDT can be seen to be on the leading at a price of $1.00 and with a daily price change of +0.2% followed by bitcoin at a price of $11,907.47 with a daily price change of +2.5%. Ethereum and EOS follows each other at a price of $462.27 and $3.32 with a price change of +9.9% and +3.4% respectively while bitcoin cash comes 5 at a price of $282.13 and a price change of +2.8%. Litecoin comes at number 6 at a price of $62.96 and a price change of +2.8% while XRP and TRON follows each other at a price of $0.294 and $0.0298 with a price change of 5.2% and 14.8% respectively. Chainlink comes at number 9 at a price of $16.38 and with a price change of 0.8% while NEO closes our list at a price of $20.88 and with a price change of 2.0%. Will the price of these top ten coins in terms of volume continue to increase or will their price change become negatively. Different coins will have different volume change based on the volume traded on different exchanges. When buyers of a different coin are more than sellers, then the price change will be negative since that coin will move downwards while when the sellers of a certain coin are more than the buyers,then the price change for that coin will be positive since the market for that coin will move upwards.
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