Could you please elaborate on the current ranking of Starl coin in the
cryptocurrency market? How does it compare to other major coins in terms of market capitalization, trading volume, and adoption? Is it considered a promising altcoin with potential for growth, or does it fall under a more niche category? Additionally, what factors influence the ranking of a cryptocurrency, and how does Starl coin fare in those aspects?
6 answers
TopazRider
Mon Aug 19 2024
Cryptocurrency has gained significant attention in recent years, with many investors looking to diversify their portfolios by incorporating digital assets. Understanding the value statistics of a particular cryptocurrency is crucial for making informed investment decisions.
ShintoSanctuary
Sun Aug 18 2024
Finally, the volume-to-market cap ratio, or V/M cap, is a useful metric that provides insights into the coin's trading efficiency. A ratio of 0.1023 indicates that the trading volume is relatively low compared to the market cap, suggesting that the coin may not be as liquid as some of its peers.
Chiara
Sun Aug 18 2024
One important metric to consider is the price of the coin in relation to the US Dollar. For this cryptocurrency, the current price to USD stands at $0.030116. This figure gives a snapshot of the coin's value in the global market.
GangnamGlitz
Sun Aug 18 2024
Another crucial aspect to analyze is the coin's rank within the broader cryptocurrency landscape. Currently, this cryptocurrency is ranked 679th, indicating its position among the thousands of digital assets available.
charlotte_bailey_doctor
Sun Aug 18 2024
The 24-hour volume is another essential statistic that provides insights into the trading activity of the coin. With a 24-hour volume of $1.18 million, it suggests a moderate level of trading activity and interest from investors.