this post was submitted on 10 Feb 2024

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Monero

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Hidden-volume (monero.im)

submitted 6 months ago* (last edited 6 months ago) by [email protected] to c/[email protected]

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By looking on coingecko, you can notice a volume declining over the years and I might identified the issue, that could be seen as an iceberg.

Visible level : Spot/Perp/DEX prices

Deep level (not tracked) : crypto-swap exchange, localmonero or atomicswaps

Theres a looot of volume not tracked in the deep level, since a monero user is most likely using these ways (just look the last bad new it was a "nokyc" swap)

How this can be solved ?

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[–] [email protected] 2 points 6 months ago (3 children)

For people downvoting, have fun keeping paper monero exchanges deciding of the price, because the actual volume isn't shown. (My own opinion on that topic)

[–] [email protected] 9 points 6 months ago (1 children)

Most of the downvotes are from lemmy.world who have made it their new hobby to downvote posts on our instance, don't take it personal :)

[–] [email protected] 2 points 6 months ago

It was a personal opinion to add, I have no problem with people downvoting 😁

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