I always thought that initial coin price is not important, because there is no difference between buying 1000 coins at $0.001 or 0.001 coin at $1000. Buy most of my friends who are newbie in crypto prefer buying low cost coins ("BTC is already $15000 but Rillple is still cheap").
Maybe that means that new people coming to crypto would prefer new altcoins (especially altcoins with lower price and more total supply) rather then BTC, ETH and other > 1000$ coins?
Also with cheaper coins it's simply easier to calculate whey purchasing something with crypto. I'm sure everyone is using calculators while trading on BTC/* pairs))
Maybe that means that new people coming to crypto would prefer new altcoins (especially altcoins with lower price and more total supply) rather then BTC, ETH and other > 1000$ coins?
Also with cheaper coins it's simply easier to calculate whey purchasing something with crypto. I'm sure everyone is using calculators while trading on BTC/* pairs))
yes sure its that easy
we all have bought LAMBO there are many different things effect altcoins price. BTC price is major factor. When btc have big dump or pump than alts price is just going down. Marketcap is second important factor effect alts price. Can Ripple reach $1000 ? when XRP reach $1000 mcap for XRP will be $36 trillion !! is that possible ? Don't make me Laugh
low supply low markatcap legit project good team shinny roadmap vs vs you must check many factors !!