Nowadays, almost everyone has their eyes on cryptocurrencies because of their high trends. However, if you are following the cryptocurrency market, then you must already know that every cryptocurrency demonstrates its own growth.
Many times, even the growth percentages can end up deceiving you, as the moment you start investing an asset, its price may end up taking a fall. This is when the trading volume can offer you a lot of help in judging how much the investors are investing in a cryptocurrency.
It is one of the major factors and checks that an investor can look into when assessing the growth and performance of a cryptocurrency. Listed below are some of the cryptocurrencies that have observed the highest trading volumes in the last 24-hours.
The list starts with the largest stable coin, mainly known as Tether (USDT). Just like real-world’s USD, USDT is considered the dollar for conversion of cryptocurrencies in the crypto-verse. As the cryptocurrency industry continues to grow larger and profitable in size, people are constantly trading in USDT. This is the reason why USDT currently has the largest trading volume in the last 24-hours in the crypto-industry, which is worth over $69.67 billion.
Coming to the real cryptocurrency, Bitcoin (BTC) is without a doubt experiencing the highest trading volume in the last 24-hours. According to stats, the trading volume recorded for Bitcoin in the last 24-hours was over $32.69 billion.
The next cryptocurrency on the list is Ethereum (ETH) which is currently demonstrating $15.24 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is SHIBA INU (SHIB) which is currently demonstrating $8.14 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is Binance USD (BUSD) which is currently demonstrating $5.55 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is Solana (SOL) which is currently demonstrating $4.09 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is XRP (XRP) which is currently demonstrating $3.12 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is USD Coin (USDC) which is currently demonstrating $3.00 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is Dogecoin (DOGE) which is currently demonstrating $2.67 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is TRON (TRX) which is currently demonstrating $2.62 billion as the trading volume in the last 24-hours.
The next cryptocurrency on the list is Cardano (ADA) that is currently demonstrating $2.57 billion as the trading volume in the last 24-hours.
The post Cryptocurrencies with Highest Trading Volumes in last 24-Hours appeared first on CryptocyNews.com.
from CryptocyNews.com https://www.cryptocynews.com/cryptocurrencies-with-highest-trading-volumes-in-last-24-hours/
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