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…!!!