i'm wondering whether a twitter handle called ICO analytics is even a good source of information specially when you see the name of the worst exchange in history (yobit) is placed in rank #6 above Kraken and Bitfinex!
it would also be a lot more accurate to use trading volume instead of "web traffic" even if the exchanges fake their volume it still covers a large number of traffic that are using their API and won't show up in web traffic.
Topic: Web traffic dynamics of crypto exchanges in January 2020 vs December 2019. (Read 133 times)
February 09, 2020, 11:19:59 AM
February 09, 2020, 10:26:17 AM
The increases in traffic shown in the table are noticeable for it being just a month, although I’d like to know exactly what they are counting (I figure number of visits, not unique IPs).
To get some perspective, I dug up data from the same source on the previous months (unfortunately in a different visual format):
December 2019:
June to November 2019:
Looking at all the data shows that, for example, the 14% increase for Coinbase in a month, can also be read as a 33% drop since June 2019 (dropped from 31M in June 2019 to 20.7M visits during January 2020). Binance dropped a whooping 36% (from 30M to 19,1M in the same interval).
It’s good to get a perspective on data, since the figures shown in the OP seem pretty good, but on perspective, it’s a minor recovery from steep fall since June 2019.
To get some perspective, I dug up data from the same source on the previous months (unfortunately in a different visual format):
December 2019:
June to November 2019:
Looking at all the data shows that, for example, the 14% increase for Coinbase in a month, can also be read as a 33% drop since June 2019 (dropped from 31M in June 2019 to 20.7M visits during January 2020). Binance dropped a whooping 36% (from 30M to 19,1M in the same interval).
It’s good to get a perspective on data, since the figures shown in the OP seem pretty good, but on perspective, it’s a minor recovery from steep fall since June 2019.
February 09, 2020, 12:45:03 AM
2020 begins with good news for the crypto community. The web traffic of each exchange has increased great amount. People are returning to the crypto market again. This proves that people are becoming interested in crypto. And nobody wants to miss Bitcoin. Old and new, everyone is coming back to the market. That's really good news for the crypto market. Web traffic is more likely to increase in the coming days.
Image Source: https://mobile.twitter.com/ICO_Analytics/status/1225832333716131841
Image Source: https://mobile.twitter.com/ICO_Analytics/status/1225832333716131841
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