Pencecoin [PENC] is a cryptocurrency with its own blockchain. The most actual price for one Pencecoin [PENC] is $0.000031. Pencecoin is listed on 1 Exchanges with a sum of 2 active markets. The 24h volume of [PENC] is $3 015.07, while the Pencecoin market cap is $0 which ranks it as #2106 of all cryptocurrencies. You can find more information about Pencecoin [PENC] on
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|#||Exchange||Pair||Volume (24h)||Price||Volume (%)||Category||Fee Type||Updated|
|1||BitForex||PENC/USDT||$1 983.99||$0.000030||65.62%||Spot||Percentage||1 minute ago|
|2||BitForex||PENC/ETH||$1 039.53||$0.000033||34.38%||Spot||Percentage||less than a minute ago|
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).
Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.