Today is another day and l’m here again to update the Publish0x community and the world in general about the greater future awaiting the crypto market and community as a whole. Before I start my article l would like to say a very big thank you to all my readers and other person who have helped me in anyway to this far.
In the beginning of this year, there was a very big improvement in the crypto community and some two giant crypto exchanges recorded their all time highs for their trading volumes according to data from the blockchain. And surprisingly these exchanges were binance and coinbase.
According to the data, binance recorded $30.66 billion which was far greater than the previous highest trading volume which was around $22.1 billion. And when we are taking it in percentage form, the increase was around 38%.
Also, coinbase recorded its all time high trading volume on that same day ( 11th January). According to the data from the blockchain, coinbase recorded $9.56 billion in daily trading volume which was also far greater than the previous all time high which was around $6.05 billion. So if we are checking the percentage increase, it will be around 57.9%.
And just yesterday, the same two exchanges (binance and coinbase) set another record according to coinmarketcap daily updates. So now my quick question again, don’t you think the crypto currency community is making a lot of progress this year? For me, the answer is yes. Now let’s get what happened yesterday.
The last time I checked the current number of websites, there were about 1.8 billion active website in existence. Just yesterday, binance and coinbase again set another record by being part of the top 1000 websites visited worldwide.
According to SimilarWeb, a site that track websites, binance was ranked as the 839th most popular website making about 86 million visits daily.
Coinbase was also ranked as the 874th most popular website globally. And in the United States, coinbase was ranked as the 386th most popular website over there. This means coinbase is more popular in the United States and I guess the reason is because it doesn’t offer trading privileges to most countries outside the United States.
In this period of the pandemic, the crypto community is really performing very excellent even though some other businesses are just seriously suffering from the pandemic.
If we also check the playstore and Apple App Store, crypto related apps are also ranking very high in this recent times and surprisingly coinbase also entered the top ten list of free apps on the Apple App Store. This is another sign that someday, crypto trading apps like coinbase and binance will be ranking as the top five popular apps on either the Playstore or the Apple App Store.
In this period of the pandemic, the crypto community is really performing very excellent even though some other businesses are just seriously suffering from the pandemic. This will give us a signal that we are supposed to focus on crypto currency trading or investment because it can really serve as a source of passive income.
I will use this opportunity again to conclude my article and again thank all my readers and all the members of Publish0x for supporting me to this far. I would also appreciate any advice from any member concerning my piece l just wrote so that l improve upon my writing on the next articles.
Thank you all for reading my piece and remember to stay safe in this era of the pandemic…
Have a nice day.
