What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
All cryptocurrency price is base in supply and demands the more demands of this coins the higher the value of this and the more people selling there coins the more also lower there price.
Demand and the supply is the only measure which we use to measure the exact market value of any of the coin amongst all the coins which are there or even in determine the market value of any other thing as well. Being newbie, you only need to focus on learning of as many new things as you can and that you need to learn the tactics by getting enough of the trading practice and knowing more things.