Volume /Mcap
24h trading volume divided by project market cap. Key liquidity ratio to spot anomalies in activity.
The 24h trading volume divided by the project’s market capitalization.
The market cap considered is always the higher value between Coingecko.com and CoinMarketCap.com.
A high trading volume reflects strong liquidity, meaning large trades can be executed without significantly moving the price. This characteristic is highly valued by whale investors.
It is normal and expected that a large-cap crypto shows higher trading volume than a small-cap one. Comparing these two metrics provides an indication to detect anomalies, either upward or downward.
A small token with a high ratio may signal strong speculative interest. If the ratio is very low, the token may be illiquid despite a large market cap.
Source: coingecko.com