What are the driving factors for crytpocurrency valuation?
Scarcity? Utility? Use? Demand? Network? or am I off base already?
Most of the coin prices depend on simple rule of economics which is more the demand more the prices and vice-versa.Some times if the coin has utility matching to more investors then it automatically leads to demand boost which in turn pumps up the prices.So the main game revolves around demand and supply factor.