π 24hr VOLUME ETH
π 24hr VOLUME ETH / CRYPTO CURRENCY ( ALT COINS ) and ETH price comparison at Poloniex
I feel like a lot of Ethereum when purchased goes to Poloniex in order to trade other Alt coins.
So I decided to start watching the 24hr volume of ETH traded on Poloniex to see how it correlates with the Ethereum price.
π The 24hr volume ETH is the number of ETHEREUM used to trade AltCoins on Poloniex .
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CHART # 1:
BLUE COLUMN = 24hr volume Altcoins traded using Ethereum at Poloniex
VIOLET LINE = ETH PRICE
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SUMMARY
π With the turmoil in Bitcoin concerning the bip-148 and the βuser activated soft forkβ or βUASF.βI feel more people may start entering the crypto world through Ethereum.
Note: I don't have much data yet on this but I will be updating and posting this regularly .
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