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.