I'm a bit concerned this morning as trading volumes for Scorum have reduced down to just over $1,000 over the past 24 hours. The trading spread has also increased to a point where in order to buy or sell quickly you end up losing out on a lot of coins.
It seemed like trading volume was increasing slowly meaning that most likely people were buying Scorum coins because they wanted to invest into an expanding platform. Whether that be from new users or current users wanting to increase their stake.
I'm hoping this trend comes to an end soon because right now we need more people coming to the platform and more people willing in invest. I find it hard to believe that the initial hype for Scorum has ended as just yesterday we had numerous welcome to Scorum posts on the front page.
Digging a bit deeper, I discovered that the 24 hour trading volume is almost entirely from one single trade. Pretty scary to think that there has only been one trade on the only market trading Scorum in the past day.
Not sure what can be done to help boost up trade volumes but I hope we start to see more action moving forward.
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