4 ms·
24h volume is related. For instance NEM has a market cap of 14B, but 24h volume puts it at 62M where as LTC has a market cap of 13B, but 24h volume of 0.9B. If
by XR0CSWV3h3kZWg 9y ago
24h volume is related. For instance NEM has a market cap of 14B, but 24h volume puts it at 62M where as LTC has a market cap of 13B, but 24h volume of 0.9B.
If you tried to liquidate the same amount (denominated in USD) in NEM and LTC you'd see much more price slippage in LTC than in NEM.
- npongratz 9y agoI'm probably misunderstanding something fundamental. If there's 14 times more 24h volume in LTC than NEM, wouldn't a seller experience more slippage in NEM?