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Big Natty Bongo Profile picture
Big Natty Bongo
@BigNattyBongo
Blockchains and Jah | $ADA $ALGO $COTI $FLR $QDRO $QNT $XDC $XRP
Oct 23, 2021 • 13 tweets • 4 min read
1/ Thread on my expectations around $COTI and the impending surge in price due to token velocity

What is token velocity?
In simple terms, token velocity measures the amount a digital asset changes hands between parties.

Is this a ‘good’ thing? let’s first understand the maths! 2/The formula for token velocity is simple:
Velocity = Total Transactional Volume / Average Network Volume
Therefore,
Average Network Volume = Total Transaction Volume / Velocity
This means the average network value is equal to the Velocity/Transaction Value