MNMMG Altcoins Trading Volume
Analysis

Top 5 Masternode Altcoins by Trading Volume – 2019 Week 5 Edition

Hundreds of masternode-oriented altcoins are available on the market today. One obvious problem is to find projects which remain relevant. This can usually be judged by their daily trading volume. Despite the overall bear market, the following five coins continue to generate a lot of trading volume. A very remarkable feat of strength, although these rankings can be shaken up quite easily.

Dash (DASH)

Considering how Dash is the world’s number one masternode coin, it is only normal it also generates the most trading volume. Over the past 24 hours, Dash represents nearly $490m in volume across the exchanges. That is quite a remarkable figure under these current market conditions. With its ROI of 7.08%, there is still a genuine interest in this altcoin. MN Owners will earn $388 per month on average, which isn’t half bad whatsoever.

EtherZero (ETZ)

While the opinions on EtherZero might be divided, it is a pretty liquid cryptocurrency. With $2m in 24-hour trading volume, it is well ahead of any of its competitors. The yearly ROI of 51.55% is still more than acceptable as well. At current prices, it costs $2,139 to set up an ETZ node, which returns $90 per month. Selling the rewards should not be a problem given the overall liquidity of this altcoin.

ZCoin (XZC)

It would appear the “older’ masternode coins generate the most trading volume. In the case of ZCoin, there is $1.7m of volume during this bearish trend, which is rather interesting in its own regard. Owners of a node will earn 21.8% every year, resulting in a monthly income of $81.14. It is still a pretty expensive masternode to set up, with its $4,529 investment cost.

SafeInsure (SINS)

Although SafeInsure is one of the “newer” masternode coins to come to market, it is quite a popular one. Its current trading volume is fairly impressive. Over $775,000 worth of SINS has been traded in the past 24 hours. The 451.6% ROI will certainly have something to do with that aspect. Node owners earn $971 a month from SafeInsure, which makes the investment cost of $2,617 seem a bit more manageable.

PIVX (PIVX)

Another very popular masternode-capable altcoin goes by the name of PIVX. It is incredibly successful in its own right. This fork of Dash has under 0.1% of Dahs’s trading volume. That still represents $385,658 in the past 24 hours, which is more than acceptable. The annual ROI of 11.87% is not all that high, but it is sufficient to keep people interested. Node owners receive $63.5 every month for running the server, which is not all that bad either.


Disclaimer: All information provided in this article is for educational and entertainment purposes only. MNMMG Does not offer investment advice and is not responsible for any financial losses sustained by its readers.

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