What is the abbreviation for month over month trading volume in the cryptocurrency market?
Sport worldDec 27, 2021 · 3 years ago3 answers
In the cryptocurrency market, what is the commonly used abbreviation for month over month trading volume? I'm trying to understand the terminology used in the industry and would like to know the shorthand for this specific metric.
3 answers
- Dec 27, 2021 · 3 years agoThe abbreviation for month over month trading volume in the cryptocurrency market is MoM. It is commonly used by traders and analysts to refer to the change in trading volume from one month to the next. For example, if the MoM trading volume increased by 10%, it means that the trading volume in the current month is 10% higher than the previous month.
- Dec 27, 2021 · 3 years agoThe abbreviation for month over month trading volume in the cryptocurrency market is MoM. It's a convenient way to express the change in trading volume over a specific period of time. Traders and investors often use this metric to analyze market trends and identify potential opportunities.
- Dec 27, 2021 · 3 years agoThe abbreviation for month over month trading volume in the cryptocurrency market is MoM. It's a widely recognized term in the industry and is used by many exchanges and financial institutions. For example, BYDFi, a popular cryptocurrency exchange, often reports its MoM trading volume in its monthly market reports.
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