Add data for [volume] / [market cap] into Coinmarketcap
Get in early before a bull run?
== WHAT DOES IT DO? ==
Finds trending coins before they spike and "moon" with the help of Volume/Cap, a simple but powerful indicator almost always ignored in crypto trading.
In short, it shows in percent "how hot" a coin is right now.
HOT COIN = EXPECT PRICE BREAKOUTS AND SIGNIFICANT MOVEMENTS!
== HOW DOES IT WORK? ==
This extension shows you the trading volume RELATIVE to it's market cap which in turn signals a major event even before price changes have been significant. This data, Vol/Cap, is calculated in real time and injected into the Coinmarketcap coin listing. Fully automatic and very useful. (See screenshot.)
== WHY DOES IT WORK? ==
Higher volume is crucial for a sustainable bull run (or bear run). Often, when prices break out there will be a surge of volume BEFORE the price change. A high volume is also important for a sustainable bull run (or bear run). Volume by itself says nothing. Volume must be looked in relation to the market cap of the coin. Hence: Volume/market cap or "Vol/Cap".
== HOW TO USE IT ==
Look for the coins with the highest Vol/Cap, those are the "hottest coins" right now. (Ignore stable coins as they always aim to have the same fiat value.) When you have selected the coins that interests you it's recommended to look for breakout patters and validate the movements with recent or upcoming events.
== WILL THIS MAKE YOU RICH? ==
This is a tool to identify possible trends early on. Markets are driven by humans so anything could happen.
== Disclaimer ==
I am not a financial adviser and none of the above is financial or trading advises. Your money - Your risk!