What do you all think

[Frengki_cisco]

This question is for those that are into crypto for many years already, does low daily volume means a project is bad?

No, Trading Volume can't be considered a less good or bad project, for example.
Volume in
24 hours, PYR lower than SOL project, comparison of $10 million and $1 billion, both good projects.

I mean, it's bad that the project is not based on Volume, rather it leads to market demand and the project team to develop in the crypto market.

[Victorik]

Except the project is new, if not, then low trading volume indicate that traders are no longer interested in dealing with it and if there's no trade, it invariably Mena's that the project is dieing or will soon collapse.


No matter how bad the market situation is, whether bull or bear, there should be either more sells or more buys, that's what determine the price of the coin.
More buys and less sells result in increase in price. While more sells and less buys results in price decrease.

So you see despite the bad market, activities must always be ongoing which will translate to trade volume.

[bitcrystal]

Low volumes are not good signs for a project because it means there is no demand for it. No one will visit this token to trade when this happens but like you said its new project with good use case then things can change so you should give it time and keep a tab on the teams activities.

[Kunnu]

Some new projects with strong concept requires time to prove its capabilities we mustn't make any conclusion at the beginning of a project it's not necessary the low trading volume will be the same forever if the developers are serious about their project then they will keep attempting to spread the potential of their project which may attract investors and obviously it may leave positive impact on trading volume so these things may take time to be happen expecting something big overnight doesn't make any sense.

[TheUltraElite]

Low volumes are not good signs for a project because it means there is no demand for it. No one will visit this token to trade when this happens but like you said its new project with good use case then things can change so you should give it time and keep a tab on the teams activities.

Most projects dont have any use case but according to the OP, this one does, which I am curious to see how. Because from my experience, a project that has a use case and actually solves a problem will become big in a matter of days to months. But if they are not doing it right, the project can suffer.

However this is ending up being a one-sided conversation like most threads in this section of the forum.
OP also needs to furnish more details about the project and how they having a use case that is actually useful.

End of the day, if the project is legit and the product/service is legit, they will gradually develop a market. A lot of work also depends on how the marketing and social presence is done but mostly it will work out.

[SaveOurSea]

Low volumes are not good signs for a project because it means there is no demand for it. No one will visit this token to trade when this happens but like you said its new project with good use case then things can change so you should give it time and keep a tab on the teams activities.

Speaking of new projects, we really need to be patient and more precisely like you said, give the team time to do something,
If the team does their job well, of course we need our support.
We'll see if in the future there will be a high volume development or not

[cvasy]

Speaking of new projects, we really need to be patient and more precisely like you said, give the team time to do something,
If the team does their job well, of course we need our support.
We'll see if in the future there will be a high volume development or not

Almost all project teams are suffering under the current conditions, so it wouldn't be wrong if they were given time to think about developing a new project and also for their discretion in terms of developing the project, but if it takes too long it won't have any effect.

[judaspriest]

This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.

low volume can indeed be said that tokens or coins are rarely in demand by traders, yes we know that it can be read in the market,
because trading volume is always the first thing they display, but we also have to analyze fundamentally too,
even if the volume is low if fundamentals are good, I'm sure the coin will rise when the time comes

[zasad@]

This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.

What project do you want to know about?
Trading volume is not the most important indicator. The price of a coin can rise for two main reasons: the team will make an effort and the project will develop and become interesting for investors, or manipulators will raise the price of coins to sell coins to hamsters.

[EmmaGod]

This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.

I think one of the best indicators for knowing a project that would eventually do well is the use case. It does not take much to increase the trading volume of tokens, there are several bots that can do that without much hassle. A project could be going through set backs due to finance, but ones they have a good use case, they'll attract the needed investors and boom.

[Rupok]

Volume expresses the quality of a project.If the project is new, it is normal.But if the trading volume of the old project is low, I think traders are not investing in the project.The common thing in trading is that a good project will always be trusted by many and the volume will increase from this belief.Trading volumes that are low will be good for long term investments.Every investor chooses the best project to invest his money and they think that the more volume the project has, the more investors there are.So they are invest in high volume projects.

[Xal0lex]

This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.

Low trading volumes are often the reason why the project is traded on low-liquid exchanges, and the project simply does not have money to list on more popular exchanges. I read somewhere that listing on Binance costs 30 bitcoins or so. Not all projects are supported by funds or large investors, so they have liquidity problems at the start. Maybe if the project is 1 to 6 months old, low liquidity and low volumes doesn't mean it is bad and unpromising, but if it has low volumes and liquidity a year or more after the launch, it is already much worse. Most likely, this project was not able to occupy its niche and sooner or later will die, like 90% of altcoins.

[Hypnosis00]

This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.

That was not the sole basis to say if that project is good or bad, however, trading volume is also an indication if that project has bigger market potential or not. But of course, as a trader, it gives us more plays and earning fast if there is an active trade that was the advantage. It is found to have a reason why many traders are preferred with Bitcoin for the long-term, while hot coins (hyped) for a short-term trade. It is basically they are referring to trading volume which certainly affects the results.

[kensaii]

This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.

Daily trading volume is one of the main criteria for listing on a centralized exchange and, accordingly, its low level indicates that these coins are not of interest to investors. As a rule, a low level of trading is associated with low liquidity, which entails very high volatility, and accordingly a high risk from investing in such a coin.

It really back to the OP question. Depend on what kind of project. Is it new or old? Is it have a daily amount of mining or un mineable? There are a lot of factors when we see a trading volume and say if it was bad or not. A new project having low daily trade volume is fine but for an old project? It was bad.

[lousie9]

New low-volume projects all depend on where they are releasing tokens. If a new project is released in one market then there is still hope when the token is listed in a bigger market with events in that big market to attract a lot of investors, so how big? The update that will be carried out by the project is because in order to increase its trading volume all the updates that will be carried out will be very important to attract more investors.

[antsam]

A natural process will happen, because the crypto market is full of surprises. Precisely if we look at a project that is still very young and see the good use of the coin and the market volume is still low, that's our chance to enter and invest because the prospects are very good and the profit will be big.

Sometimes the crypto market is full of surprises but I personally don't agree with you, suggesting to invest in a new project whose trading volume is still very low, especially when the market conditions are bearish, of course there will be a risk of loss see what happened with the Luna project recently this, almost all investors have to suffer losses and lose everything, whereas previously Luna was one of the altcoins with a large trading volume.

I totally agree with those of you who say crypto is full of surprises, but doesn't the DYOR concept need to be done by investors themselves. His statement above is that if he sees low volume but has a good use case, I think this is already good research and a good opportunity. Precisely with the Luna case, that was part of the surprise in the crypto world that many people should have realized from the start because it is similar to MLM, because it offers high interest on each of their stakes.

[kro55]

This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.

The criteria for judging a successful project or a scam can range from the team to the idea, roadmap, product to the community...
In case you are talking about a new project, small transaction volumes are also acceptable, because it is still young and new, it may not receive much attention from the community, or the marketing strategy is not good. If you want to evaluate in the most objective manner, then you should consider adding factors like the one I mentioned above.

[fortuner]

New low-volume projects all depend on where they are releasing tokens. If a new project is released in one market then there is still hope when the token is listed in a bigger market with events in that big market to attract a lot of investors, so how big? The update that will be carried out by the project is because in order to increase its trading volume all the updates that will be carried out will be very important to attract more investors.

If investors are more interested in a project, God willing, the project will be successful, because most of us see it that way.
Why do they release good tokens if there is no trust from investors, it's all useless.

[ice18]

This question is for those that are into crypto for many years already, does low daily volume means a project is bad? A project with good use case but still very young is now plagued with low trading volume, is this the end or there is hope?.

There are many reasons why projects are not in top marketcap even they are really good coins  or has interesting usecase maybe lack of support from big companies like venture capitals or no marketing campaigns to attract more investors, I can see there are really good projects that deserve to be in top but lack of volume and popularity to investors is very low, one key to be a popular coin is to list on top exchanges like Binance thats why many projects are looking to list on this exchange to attract more investors and gain more volume and liquidity.

[FanEagle]

Right now most projects even bitcoin have a low volume. The market is as dead as it gets and the crashes happen so quickly because of this, there are people who end up losing some money due to the lack of volume and when someone sells a huge amount, it drops very quickly. This is why we should definitely reconsider how the money is spent these days, and not judge a project based on lower volume.

You should compare it with others, whatever it is, volume, liquidity, market movements, whatever you want to check, always check it compared to others around it. If it looks decent then I would say that it's fine to invest, at least compared to others.