XRP, Polygon See Month-High Volumes As Investors Show FOMO
On-chain data shows the trading volumes of XRP and Polygon have hit monthly highs as investors are displaying FOMO towards the assets. XRP, Polygon See Volume Spike Similar To Bitcoins Surge A Few Days Back Selon les données de la société danalyse en chaîne Santiment, XRP & MATIC have seen high volumes recently. The “trading volume” here refers to the total amount of any cryptocurrency thats being transacted on the different exchanges in the sector every day. When the value of this metric is high, it means that the asset in question is being moved around a lot on the exchanges. Such a trend implies that traders are actively participating in the market right now. On the other hand, low values suggest the interest in the cryptocurrency may be low at the moment as not much trading activity related to it is happening on the platforms. Now, here is a chart that shows the trend in this indicator for XRP, Polygon, and Bitcoin over the past month or so: On dirait que la valeur de la métrique a été assez élevée ces derniers jours | La source: Santiment sur X As displayed in the above graph, the Bitcoin trading volume had become pretty high a few days