OPEN WORD

Hello friends, how is the condition of your portfolio recently? Are you rising from adversity or are you in turmoil? or maybe still neutral. We don't know when and where, tomorrow maybe we can become rich, or maybe become the poorest people in the world, no one knows. In recent years, this turmoil has begun to reappear, starting at its peak in early 2021 and starting to fall apart starting at the end of November last year.

I recently thought about the recent volume of crypto. Don't know why it bothers me to look back after a while. This is all I accumulated for the next few hours to get the information I need.

Now Let's Get Started!

To see crypto volume, I chose the CoinMarketCap Website to get these data. To see this you can directly visit CoinMarketCap, then on the "Cryptocurrencies" menu select "Global Charts". At the bottom you can see the Market Capitalization. This however, is only for viewing the main coins or chain coins. To see the volume that is actually running with "runtime" we can just click on the Cryptocurrencies Menu earlier.

Image 1, Major Cryptoassets By Percentage of Total Market Capitalization (Bitcoin Dominance Chart)

To achieve our goal, we need to click on the volume(24h) section, then the highest trading volume will appear which will be sorted according to volume height for 24 hours. For those of you not seeing the website I will list it below.

1. Tether (USDT)
USDT experienced a very crazy increase in volume to exceed Bitcoin, I think maybe the reason is because the stablecoin function that is most widely used by investors as the main financial exchange because it is based on a stable price with the dollar. However, for the past few days USDT has been declining. It may not show any loss in dollars, but if we convert it to another country's currency, you will see a very clear difference.

Image 2, Even though USDT displays a noticeable decrease, still 1 USDT = $1, this applies to all Stablecoins that share the same system as USDT.

2. Bitcoin (BTC)

The increase in volume in Bitcoin is not something we should be surprised at, because Bitcoin is the basis of all cryptocurrency conversions currently circulating. For now Bitcoin is actually experiencing a pretty good increase in price up to 15%, with the hope that Bitcoin will go up, hopefully crypto finance will also go up globally.

Image 3, 12/19/23 - 01/19/23, Whatssss! Do you also think like me? It's very close.

3. Ethereum (ETH)

Ethereum is a rival to Bitcoin in many ways. Due to the EVM function on this coin, this coin is the beginning of the current smartchain. We need to remember that this coin is amazingly competitive even though its supply is not as limited as Bitcoin.

Image 4, Unlimited supply of Ethereum.

4. Binance USD (BUSD)

BUSD is a special Stablecoin found in the Binance Network. This coin is very popular on the Binance Trading network, which makes the earlier USDC Stablecoin appear less popular by 1 notch. BUSD is also trusted because of the very good price balance, this coin is really gaining value in the market.

5. USD Coin (USDC) 

USDC is one of the Stablecoins which is only less popular than USDT, this reason can be immediately clear by looking at the difference in the supply of USDT which reaches 66 billion while USDC is only 43 billion. But even so the balance can still be maintained properly.

Image 5, Differences in USDT and USDC supply circulation.

6. Ripple (XRP)

The current volume of XRP indicates a price crash that started in May 2021. Until now TradingView is still very panicked about the continuing price descents, despite several price revivals in the previous months, there are still more people dumping XRP compared to holding it.

Image 6, A very significant fall of XRP.

7. Solana (SOL)

Solana really had the worst fall of her life. Starting with the peak price increase of all cryptocurrencies in November 2021 solana continues to show a very drastic price drop until it remains $10 at the end of December 2022. It's just that after looking at TradingView Solana, the scariest and wildest thing in my mind is predicting a fall in SOL on this year.

Image 7, Crazy things that might happen to Solana (SOL).

8. Binance (BNB)

Who doesn't know Binance? Binance is the most trusted platform at the moment in matters of stocks, exchanges and also projects that easily gain fame in the market. This past year we saw a very proportional rise and fall in the price of Binance ranging from $200 - $300. The current volume signals an uptick, meaning the market is actually making the price better. There is a possibility that in the next few months this increase will gradually be better than before.

9. Dogecoin (DOGE)

Basically DOGE is a community frenzy (although so am I). This coin really blows my mind to be this great in the last few years. This community is really on the rise because someone is playing with words on his Twitter post. WOW! DOGE. What can I expect from it? it doesn't matter if it's price or volume, the important thing is just hold on. Manatau tomorrow the sun will rise earlier.

Image 8, Even so, DOGE is still better.

10. Litecoin (LTC)

One of the early Bitcoin challengers that still survives today. Silver on this one also continues to shine. Despite the occurrence of battles on the battlefield, its usability is truly something excellent. It can be said that even though Litecoin has experienced a very obvious decline, its usability still deserves attention and maybe Litecoin will certainly not be too destroyed even though there is a very sharp decline

END WORD

For now, there's not much I can say. Some of them have risen and some have fallen, as well as this life. When one day the time comes, we can only accept what is. The fall of crypto last year such as LUNA and FTX or if you are also familiar with Stablecoin IRON on the Polygon network. Still, what has passed remains in our minds. I can't help much anyone with that, too many things to pay attention to for a good profit. Hopefully Decentralized technology will get even better in Cryptocurrency. Never forget, risk is always in our business.

Did you read all of them? Isn't that extraordinary, the things I type in this post are just the result of my fantasies and imagination about crypto that might happen later. I hope you all stay healthy and have a healthy lifestyle. That's it, Bye!