Beyond price changes, trading volume and open interest are also worth comparing.
Take this one, for example: Coin Metrics: Meme coins reach an all-time high an average of 17.2 days after launch, and only 3% ever return to their all-time high. $BTC (24h +0.4%), with a trading volume of 1.833 billion.
Over the long term, that’s a plus. But whether it rises right now still depends on buying pressure.
#BTC
Take this one, for example: Coin Metrics: Meme coins reach an all-time high an average of 17.2 days after launch, and only 3% ever return to their all-time high. $BTC (24h +0.4%), with a trading volume of 1.833 billion.
Over the long term, that’s a plus. But whether it rises right now still depends on buying pressure.
#BTC