This role makes stablecoins by far the most frequently traded assets in the crypto ecosystem. Remember, most trading happens within the walled gardens of individual exchanges, which doesn’t show up in the on-chain volume data we cited at the beginning of the article — that data is instead recorded within exchanges’ order books. We can use order book data to compare the rate at which different cryptocurrencies are traded once they reach an exchange using a metric called trade intensity. Trade intensity measures the number of time a coin is traded between the time it’s deposited to an exchange and the time it’s withdrawn. Below, we compare trade intensity for Tether, the most popular stablecoin, versus Bitcoin and Ethereum. An overview of the upgrades and hard forks of Ethereum’s past, with an eye toward what lies ahead.
β < 0 Asset movement is in the opposite direction of the total crypto market Unlike fiat currencies, many cryptocurrencies, such as BTC,DOT,SOL, often have a fixed total supply or issuance rate. Since price is related to supply and demand, a fixed or limited supply can also affect the price of an asset by making it more rare. The table above shows the number of days which ELONGATE closed above a certain price level. But how to buy Elongate crypto or any other cryptocurrency for that matter? Cryptocurrencies once attracted a certain niche, but these days everyone is looking at them for investment purposes. The cryptocurrency market accounts for about $1.3 trillion, so you can see that it can’t be easy for any investor to know which cryptocurrency to invest in.