Post
Topic
Board Beginners & Help
Re: Why some coins start with a really high price?
by
beggo
on 04/02/2018, 03:47:28 UTC
Depends on the circulating supply and market cap. There was a high speculation into it so people invested and caused the market cap to go up. Then the price went down and people pulled money out so market cap went down. Price = market cap divided by circulating supply