Volume / Market Cap
What is “Volume / Market Cap”?
Valuation multiple and liquidity indicator: Volume 24h / Market Capitalization.
What does “Volume / Market Cap” mean?
A high Volume / Market Cap ratio means high liquidity and usually a more stable market with few fluctuations in price and low volatility. Anyway, a very high value for this indicator can indicate wash trading. Low ratio is most likely mean price fluctuations, high volatility and possibility of market manipulation from the whales.