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TRON – The Coin, Not The Film – Is Block Tribune Volatility Index Leader

Investing, News | January 4, 2018 By:

Another relatively quiet day on the Block Tribune Volatility Index, as the digital currency markets have seen the biggest players with relatively small price fluctuations over the past 24 hours.

A notable high volatility outlier was TRON, which traded between $0.07 and $0.22 today, with an average price of $0.15. On the other end, Bitcoin saw unusually low volatility today. Its range was $14,063.90 – $17,000.00 with an average of $14828.52.

Our proprietary Block Tribune Volatility Index is a measure of daily price variability compared with variability over the prior 30 days. 50 indicates an average day. Greater scores indicate a wider range of trade prices while lesser scores indicate a relatively flat trading period.

The volatility indicies use their own data as a reference point. So, for example, if BCH was dramatically up and down over the past 24 hours, but for the month prior to that it was very flat, the index would be very high. The reverse is also true, if it was dramatically up and down over the prior month but flat today, the index would be extremely low.

The index values can’t be directly compared to each other because they don’t use the same baseline data.

The data below was compiled on a per-currency basis using reports from the exchanges that saw 1% or more of the total trade volume for that currency. It is as of 1:00 p.m. US Eastern Time and includes the digital currencies with the greatest trading volume, as measured in U.S. Dollars.

CurrencyVolatility IndexToday’s Average PriceToday’s Volume
TRON92.8$0.15$3,748,430,000
Cardano69.2$1.19$604,287,000
Ripple68.5$3.55$8,321,180,000
EOS67.6$11.65$1,316,880,000
NEM66.9$1.81$368,210,000
Ethereum56.9$979.73$6,954,780,000
Ethereum Classic54.9$34.52$1,996,730,000
Stellar54.3$0.88$941,319,000
Status52.8$0.62$283,483,000
NEO50.2$99.70$343,461,000
Qtum48.0$61.88$750,131,000
Bitcoin Cash47.8$2,440.41$7,032,700,000
Verge46.5$0.16$719,623,000
Litecoin45.3$237.13$4,621,480,000
Bitcoin42.6$14,828.52$21,320,900,000