Coinmarketbook.cc is a crypto ranking site that uses a liquidity measure instead of market cap. As astute investors and traders will note, financial ratios should have a numerator and a denominator to evaluate. Just like P/E and P/B ratios, coinmarketbook tracks a ratio of their own—buy support/market cap. This effectively compares the liquidity of each crypto to its market capitalization. It can offer an indication of whether a token is a good or bad trade candidate.
The top 8 most liquid cryptocurrencies according to this ratio:
- Paxos Standard Token: A fee-less stablecoin
- Pundi X: A blockchain-enabled ecosystem. Point-of-Sale, Operating System and IPFS storage protocol.
- Mainframe: A full stack dev platform with active support from creation to deployment to scale Dapps.
- Dent: Allows free trade of mobile data credits, driven by the DENT Marketplace using Blockchain technology.
- Nucleus Vision: IoT & Blockchain based contact-less identification system
- Moeda: Crowdfunding platform
- Go chain: Web3 based blockchain protocol and client
- NEO: Proof of stake concurrent processing blockchain
The 8 least liquid cryptocurrencies according to the ratio:
These crypto “use cases” range from AI-powered business to voting platforms. They are mostly not worth looking into. Most cryptocurrencies are very risky and should be avoided, but especially these very low liquidity tokens.
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