I see the Same old Views about Volume being needed in order to see a spike in price are coming up again…!!
A High Volume is NOT needed for price to increase…(I’m not saying we don’t need more Volume, I’M saying it doesn’t necessarily affect the price)
Let me give you an Example…
.
PayPie (PPP) currently 65 in CMC
PayPie…$1,428 in volume up from $1,321…Market cap up from $6M to $59M with no volume.!!!..As You can see You DON’T need any volume to hit a reasonable Market cap and for price to increase…!
Up from $0.07 to $0.73 in 4 and a half hours with an increase of ONLY $107.00 in VOLUME…!!!