Review on FirstBlood by Mehdi hazni
first blood - 1ST currency
The first blood network with the 1st exclusive currency is ranked 480 in the CMC, but what is strange to me is that the daily trading amount of this currency is only about $ 400!
For this purpose, I compared the REV currency and the revain with the rank of 623 has traded about 1 million 144 thousand dollars in the last 24 hours! That means lower rank but much higher trading volume. Also, the number of exchanges that allow 1st transactions is not large. This trading volume can indicate that the rank of this currency in the future will be much lower than before.
The fluctuations of this currency have been low in the last few months, and due to the low volume of transactions, in my opinion, this currency is not suitable for trading.
Pros
- It has been active since 2016 (about 4 years) and this can be a positive thing in my opinion
Cons
- Not suitable for long-term investment
- Due to the very small volume of daily transactions, it is not suitable for short-term trade
