Popularity of crypto assets

Popularity is becoming very important in the liquidity of a crypto asset. Popular crypto assets usually have a community. This community will later support the development of the crypto asset, especially in the crypto market.

Unfortunately, for new crypto assets that are not well-known, the trading volume is generally small. Investors in these assets also tend to be few, so with small trading volume and a lack of investors, these assets are less liquid.

When buying and selling transactions occur on these less liquid assets, volatility or price instability usually happens.

Each crypto asset can attract the attention of investors with good and sustainable marketing, development, and projects. Crypto assets that succeed in doing this will attract both investors and short-term traders to create a larger trading volume, making the asset considered liquid.

By the way, try checking once a day if the liquidity of the coins you own is experiencing an increase or decrease 😁😁😁

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