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Hidden-volume (monero.im)

submitted 7 months ago* (last edited 7 months ago) by snitchy_asc@monero.im to c/monero@monero.town

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By looking on coingecko, you can notice a volume declining over the years and I might identified the issue, that could be seen as an iceberg.

Visible level : Spot/Perp/DEX prices

Deep level (not tracked) : crypto-swap exchange, localmonero or atomicswaps

Theres a looot of volume not tracked in the deep level, since a monero user is most likely using these ways (just look the last bad new it was a "nokyc" swap)

How this can be solved ?

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[-] snitchy_asc@monero.im 2 points 7 months ago

For people downvoting, have fun keeping paper monero exchanges deciding of the price, because the actual volume isn't shown. (My own opinion on that topic)

[-] admin@monero.town 9 points 7 months ago

Most of the downvotes are from lemmy.world who have made it their new hobby to downvote posts on our instance, don't take it personal :)

[-] snitchy_asc@monero.im 2 points 7 months ago

It was a personal opinion to add, I have no problem with people downvoting 😁

[-] tusker@monero.town 3 points 7 months ago

Just sour commies, lemmy is infested with them, angry because Monero is immune to the whims of corrupt central planning control freaks.

this post was submitted on 10 Feb 2024

4 points (70.0% liked)

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