Hi everyone, since I'm still a newbie, and I didn't even tried trading,
I'm just wondering what factors affecrs th price of the token.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?
There are a lot of factors affecting the altcoin price. Some altcoins are pumped and dumped that is why their volume sometimes either drops or increase. Bitcoin and ethereum price also drives the prices since it is one of the major currency used in trading altcoins, so the price still depends on ethereum and bitcoin. Development and marketing by the team also drives the demand of altcoin.