Market Signals from Trading Volume Shifts on DEXs: A Beginner’s Guide

fabeha

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As a new member of the cryptocurrency market, understanding trading volume shifts on decentralized exchanges (DEXs) can provide valuable insights into the overall market trends. Trading volume refers to the total amount of a cryptocurrency being bought and sold over a certain period. On DEXs, which are platforms where you can trade crypto without a centralized intermediary, shifts in trading volume can signal changes in market sentiment, price movements, or even upcoming events that could affect the value of a cryptocurrency.
 
Great, Explaination, Keeping an eye on trading volume shifts on DEXs is definitely a smart move—it’s like reading the pulse of the market to catch early trends and potential price swings.
 
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