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What are the key metrics to consider when using coin98 analytics for tracking cryptocurrency performance?

avatarCochrane OddershedeDec 25, 2021 · 3 years ago1 answers

When using coin98 analytics for tracking cryptocurrency performance, what are the important metrics to consider?

What are the key metrics to consider when using coin98 analytics for tracking cryptocurrency performance?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    When using coin98 analytics for tracking cryptocurrency performance, it's important to consider a few key metrics. First, you should look at the price of the cryptocurrency. This will give you an idea of how the value of the cryptocurrency is changing over time. Second, you should consider the trading volume. This metric will help you understand the level of activity and liquidity in the market. Third, you should look at the market capitalization of the cryptocurrency. This metric will give you an idea of the overall value and size of the market. Finally, you should also pay attention to the percentage change in price over a specific time period. This will help you identify any significant price movements and potential opportunities for profit. By considering these key metrics, you can better track the performance of cryptocurrencies using coin98 analytics.