Can you provide examples of cryptocurrencies with high and low MES tick values?

3 answers

• Nov 28, 2021 · 3 years ago
  Sure! Cryptocurrencies with high MES tick values include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have a large market capitalization and high trading volume, resulting in a higher MES tick value. On the other hand, cryptocurrencies with low MES tick values include smaller altcoins like Dogecoin (DOGE) and Cardano (ADA). These cryptocurrencies have a lower market capitalization and trading volume, leading to a lower MES tick value. It's important to note that the MES tick value represents the minimum price movement of a cryptocurrency, and a higher MES tick value indicates a smaller price increment for each tick.
  650325
• Nov 28, 2021 · 3 years ago
  Absolutely! When it comes to cryptocurrencies with high MES tick values, you can consider Bitcoin, Ethereum, and Ripple. These cryptocurrencies are widely recognized and have a significant impact on the market. On the other hand, cryptocurrencies with low MES tick values are usually smaller and less established. Examples include Dogecoin and Cardano. The MES tick value plays a crucial role in trading as it determines the minimum price movement. Higher MES tick values mean that the price needs to move by a larger increment to register a tick, while lower MES tick values allow for smaller price movements to be considered a tick.
  634212
• Nov 28, 2021 · 3 years ago
  Of course! Let's take a look at cryptocurrencies with high and low MES tick values. In terms of high MES tick values, Bitcoin, Ethereum, and Ripple are good examples. These cryptocurrencies have a large market capitalization and are widely traded, resulting in a higher MES tick value. On the other hand, smaller altcoins like Dogecoin and Cardano have low MES tick values due to their lower market capitalization and trading volume. Understanding the MES tick value is important as it helps traders determine the minimum price movement required for a tick, which can impact trading strategies and decision-making.
  614154