CryptoQuant CEO: Altcoin trading volume growth is driven by stablecoins and fiat currency trading pairs, not Bitcoin
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Foresight News reported that Ki Young Ju, CEO of CryptoQuant, tweeted that the growth in trading volume is mainly driven by and fiat trading pairs, rather than trading pairs. This suggests that the market is experiencing substantive growth, rather than just asset rotation. liquidity better explains the market.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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