Analyzing Moons Volume In the Last 24H

Moons have been listed in various exchanges in the last few weeks, although more are to come or so we do hope so, lets take a look to the last 24 hours volume in the top 5 exchanges for moons volume. Currently the total 24 hours volume is 368k$ according to Coingecko.

1. Bitmart (MOON/USDT)

In my opinion a surprise to see that the most liquid pair is MOON/USDT in Bitmart with 223k$ traded in the last 24 hours.

1. SushiSwap (Arbitrum Nova)

Its good to see that a decentralized exchange occupies the second place with a trading volume of 71k$ in last 24 hours.

1. Kraken (MOON/USD)

Kraken occupies only the third place with 37k$ traded in the last 24 hours despite being the most popular exchange by far.

1. MEXC (MOON/USDT)

MEXC has a trading volume of 35k$ being not very far from Kraken's most liquid MOON pair.

1. Gate (MOON/USDT)

Gate has a trading volume of 26k$ being the fifth most liquid exchange to buy and sell moons.

It's very surprising to see that Kraken isn't the most liquid exchange inspite of being the most popular where moons are listed. Other refreshing news is that people are trading a lot in decentralized exchanges, Sushiswap holds the second place.

Although the volume is not in the millions yet, it's a very good start for moons and after some distributions we might see a lot of movement. Another thing to take in count is that the penalty for selling moons might hold the volume back a little, but overall it might be a good idea not incentivizing farming and selling moons everytime they are distributed.

What will come next for moons? I'm very excited to see the progress off this great idea.