What determines the value of a cyrptocurency is trading. But one thing I would like to know is that, sending and receiving currencies among wallet holders, is it the same thing as trading? does it add up or down to the value of the cryptocurrency? Thanks
In my opinion that affect the price of crypto is the number of enthusiasts who use the crypto, different trading is buying and selling btc to altcoin or the other in one exchange, while the transfer balance using 2 exchangers wallet the sender and receiver and can also affect the price of crypto. Have you ever heard about arbitration?