CryptoQuant Reveals the Most Traded Altcoin on Binance! "No Surprises Here"
XRP has become one of the hottest topics in the cryptocurrency market with its surge. With Bitcoin's recent decline, the price of XRP has dropped to the $2 mark, while XRP has broken records in another area.
Accordingly, XRP has become the most traded altcoin on Binance in December. This increase comes at a time when XRP has reached a three-year high.
CryptoQuant analysts reveal that XRP is the most traded altcoin on the Binance Futures market. The analyst notes that XRP currently has a trading volume of 116.6 billion and December is not over yet.
The analyst stated that tracking the most traded altcoins on Binance is very important:
"XRP is the most traded altcoin on Binance Futures, currently having a trading volume of 116.6 billion and this month isn't even over yet.
It is crucial to monitor the most traded coins on Binance as they will be your main focus when trading altcoins.
"Both Bitcoin and altcoins have seen significant declines in recent days. However, XRP seems to recover faster than most altcoins despite the market facing more challenges," the analyst stated.