🐒 24hr VOLUME ETH

🐒 24hr VOLUME ETH / CRYPTO CURRENCY ( ALT COINS ) and ETH price comparison at Poloniex

I feel like a lot of Ethereum when purchased goes to Poloniex in order to trade other Alt coins.
So I decided to start watching the 24hr volume of ETH traded on Poloniex to see how it correlates with the Ethereum price.

🐒 The 24hr volume ETH is the number of ETHEREUM used to trade AltCoins on Poloniex .

🐒
CHART # 1:
BLUE COLUMN = 24hr volume Altcoins traded using Ethereum at Poloniex
VIOLET LINE = ETH PRICE

🐒

SUMMARY

🐒 With the turmoil in Bitcoin concerning the bip-148 and the “user activated soft fork” or “UASF.”I feel more people may start entering the crypto world through Ethereum.

Note: I don't have much data yet on this but I will be updating and posting this regularly .

🐒
DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.

It is strongly recommend that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.

Please voice your opinions in the comments below.

🐒